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Saturday, October 20th, 2018

B. Sagintayev, Boston Consulting Group discuss issues of further cooperation

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Today in Astana on the margins of the XI Astana Economic Forum, Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev met with the CEO of The Boston Consulting Group Hans-Paul Burkner.

The conversation covered issues of long-term and mutually beneficial cooperation with the company in the light of ongoing reforms to diversify and digitize the economy within the framework of the Digital Kazakhstan program.

Particular attention in the conversation was given to the issues of interaction with leading American companies. The visit of the Head of State to Washington on January 16-18, 2018, has particularly contributed to the intensification of such relations. The US Chamber of Commerce hosted a round table with the participation of business circles of both countries. This resulted in the signing of 24 commercial agreements worth about $ 7 billion.

The signed agreements cover such areas of cooperation as the transfer of technologies in the transport, aviation and space industry, and agriculture sectors.

On the eve of AEF-2018, Astana has hosted the second Kazakh-American business forum, which was aimed at further building the potential for mutually beneficial cooperation in all key areas.

Jointly with the American non-profit analytical center Council on Foreign Relations, work is being done to organize a major investment conference on Kazakhstan in New York on October 4 this year. The main objectives of the Conference will be the development of bilateral trade and investment cooperation, the attraction of innovative technologies, the presentation of the privatization program in the Republic of Kazakhstan and an explanation of the prospects for working with the Astana International Financial Center.

The meeting also covered issues of the development of dialogue platforms within the AIFC, the International Technopark of IT Startups, and the International Center for Green Technologies and Investment Projects.

For reference: Hans-Paul Burkner began his career as a corporate finance officer at Commerzbank (Germany). Since 1982 he has been working for The Boston Consulting Group, where he worked his way from the representative of the company in Dusseldorf to global Chairman of the Company, appointed in 2013. In 2003, the Consulting Magazine ranked H.P. Burkner among the top 25 best consultants of the year. Under his leadership, BCG established such new areas of service as interaction with the public sector, sustainable development, socially-oriented initiatives, apprenticeship in education, insurance, marketing and sales.

BCG is an American company specializing in management consulting, business strategy issues, analysis of the development dynamics of companies and markets. It is among the Big Three (along with McKinsey and Bain & Company).

The company was founded in 1963 by Bruce Henderson; he is known as the author of the BCG Matrix assortment assessment marketing model. The company is headquartered in Boston, Massachusetts, with more than 90 representative offices in 50 countries. Taking into account the trends of digital transformation, in its recent activity the company has paid special attention to various aspects of digitalization and talent management, the development of digital skills, taking into account the task of providing the personnel component of digitalization and raising the digital literacy of all employees.

BCG has been operating in Kazakhstan since 2005. Among the joint projects, it is worth noting the strategic partnership in the implementation of the Digital Kazakhstan program, which BCG supports in close cooperation with the Ministry of Information and Communication of Kazakhstan. Another project is a study conducted in 2017 by BCG in cooperation with the Economic Institute on the topic Expert-and-analytical support for the development of the draft Strategic Development Plan of the Republic of Kazakhstan until 2025, the goal of which was to develop proposals for the drafting of the Strategic Development Plan of the Republic of Kazakhstan until 2025.

Source: Government of the Republic of Kazakhstan

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