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Astana to host Kazakh-Hungarian business forum

by October 7, 2016 World Sports

The purpose of this event is to intensify trade and economic cooperation between business circles of Kazakhstan and Hungary, as well as conducting the presentation of the Hungarian side of the state program of industrial-innovative development of Kazakhstan for 2015-2019, a package of incentives for investors, the priority sectors of the economy and meetings in the B2B format.

The event was organized by the Ministry for Investment and Development of Kazakhstan and National Agency for Export and Investment KAZNEX INVEST JSC.

The event will be attended by representatives of Hungarian companies from sectors such as pharmaceuticals, medical equipment, agriculture, engineering, food processing, logistics, ICT and other industries.

It is worth noting that for the period from 2005 to the first quarter of 2016, the volume of Hungarian direct investments in Kazakhstan’s economy amounted to 102.2 million dollars.

The trade turnover between Kazakhstan and Hungary for the period from 2008 to 2015 amounted to 1 777.4 million dollars (exports – 721.1 million dollars, imports – 1 056 300 000 dollars).

Source: The Prime Minister of Kazakhstan