Investment projects in Kazakhstan will be the main focus of the ‘Kazakh-Qatari Business Forum’, which will be held in Doha on December 9, said Arman Issagaliyev, the ambassador of the Republic of Kazakhstan to Qatar.The forum is expected to witness a wide participation of heads of government institutions, national companies, and private entities in Doha that will give further impetus to further strengthening bilateral economic ties, Issagaliyev told reporters.During the press conference, the ambassador provided details of the upcoming working visit of President Kassym-Jomart Tokayev to Qatar and his participation in the Doha Forum 2024. He also discussed significant achievements in Kazakh-Qatari relations this year, including details of Kazakhstan’s recent international promotion campaign titled ‘Born Bold’.Issagaliyev said companies from Kazakhstan and Qatar have started the practical implementation of the agreement on the establishment of the strategic partnership in developing joint projects in priority fields, signed between heads of government in Doha last March 20 this year.He said: “Through this milestone agreement, we aim to efficiently utilise economic resources, create employment opportunities, enhance the health, safety, and well-being of citizens, foster sustainable development in the green economy, protect the environment, and employ advanced, environmentally friendly technologies and expertise.”The ambassador emphasised that Kazakhstan is “very optimistic” about the huge projects in the gas processing and gas chemistry sector.“Qatar’s expertise as the leading state in the international gas market and prominent experience in developing this field will significantly contribute to the energy security of Eurasia. I would also note the unique and successful experience of Qatari companies in boosting the nation’s food security. In this direction, we also have a huge project on the construction of a plant for deep grain processing in Astana.“Its implementation will increase the export potential of our country, since the plant’s products mainly consist of wheat gluten, starch, and protein isolate, which will be exported to the Middle East, Europe, and the US. Also worth noting is the planned construction of a perinatal centre in the Almaty region with 125 beds. This project will be implemented by the Qatar Fund for Development (QFFD),” the ambassador noted.Issagaliyev said the agreement on the establishment of a long-term strategic partnership for the development of projects in priority industries, signed by both nations’ leaders on March 20, is a significant step towards strengthening Kazakh-Qatar ties.“Currently, our countries are implementing joint investment projects exceeding $20bn in the areas of telecommunication, energy, transportation, petrochemistry, finance, agriculture, and other sectors. This year can fairly be called a turning point in business ties between our countries, the ambassador said.He added: “On February 14, President Kassym-Jomart Tokayev chaired the Kazakhstan-Qatar Investment Roundtable in Doha. It should be noted that there is untapped potential in mutual trade. Despite the ongoing positive dynamics, we aim to promote goods and services to the markets of the two countries.“On November 26 of this year, Kazakh and Qatari businessmen held B2B meetings in Doha with the participation of 12 Kazakhstani and 15 Qatari companies in the field of agriculture, industry, food processing, and IT.”

Peter Alagos
Peter Alagos reports on Business and general news for Gulf Times. He is a Kapampangan journalist with a writing career of almost 30 years. His photographs have been published in several books, including a book on the 1991 Mt. Pinatubo eruption launched by former Philippine president Fidel V. Ramos. Peter has also taught journalism in two universities.
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