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Thursday, October 17th, 2019

Prime Minister Askar Mamin meets with representatives of Turkish business circles

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The Prime Minister of Kazakhstan Askar Mamin held a meeting with representatives of the Association of Turkish and Kazakh Businessmen headed by the chairman of the Board of the Association, the owner of the Eksen Group Firat Develioglu.

The issues of strengthening mutually beneficial cooperation between business structures of the two countries and the implementation of new joint investment projects in Kazakhstan were discussed.

Turkey is among the top 10 countries-major trading partners of Kazakhstan. According to the results of 2018, the trade turnover between our countries reached more than $1.9 billion. Over the 7 months of this year, the volume of mutual trade grew by 73.5%, compared with the same period in 2018. We highly appreciate the participation of Turkish companies in the implementation of economic projects in Kazakhstan. Our common task is to increase the level of investment cooperation, said Mamin.

The Head of Government invited the Turkish business to create export-oriented enterprises in the fields of agriculture, light industry, construction materials.

A business forum will be held Nov. 11, 2019, in Ankara as part of a meeting scheduled for the Kazakh-Turkish intergovernmental commission.

In Kazakhstan, about 2,200 enterprises with the participation of Turkish capital operate in various fields. Together with Turkey, 34 large-scale investment projects worth $1.6 billion were implemented in the areas of pharmaceuticals, electron-optical devices, soft drinks and confectionery. Currently, 16 projects worth $2.2 billion are being implemented in areas such as the construction and processing of minerals.

The Association of Turkish and Kazakh Businessmen was founded in 2016, the year of the 25th anniversary of the Independence of the Republic of Kazakhstan and the establishment of diplomatic relations between Kazakhstan and Turkey. It includes Ahsel Holding, Alarko, GQ Management Aykar Group, Eksen Group, Eurasian Machinery, Efes Kazakhstan, Coca-Cola, Kassanov Investment Group, Makyol, Sembol-Rixos Group, Wyndham Hotel Group, A-SYS Engineering, Ramstore, Stone Decor and other companies, construction, hotel, industrial sectors, food and light industries.

Source: Prime Minister of the Republic of Kazakhstan

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