Baku, Azerbaijan, Oct. 14
By Nigar Guliyeva - Trend:
The issue of attracting UAE investments to Kazakhstan was mulled at a meeting between Akim of Aktobe region Berdybek Saparbayev and Michel Nassour, the General Director of Al Qudra Holding, one of the leading strategic investors based in Abu Dhabi.
Nassour was visiting the country to participate in the 5th international investment forum "Aktobe Invest-2017", as well as study the most attractive projects for investment.
Saparbayev noted that the trade turnover between the Aktobe region and the UAE remains low, which indicates the existing potential for expanding bilateral trade and economic relations and the possibility of cooperation in various spheres of the economy.
"We propose to consider projects for cooperation in such areas as agriculture, mining, hotel business," he added.
In turn, Nassour said that he had already familiarized with the potential of the region and outlined investment priorities.
"We are particularly interested in the petrochemical projects. We are also very interested in the industrial zone, in particular the opening of oil refining and petrochemical industries there. We consider both priority branches of agribusiness and hotel business, "stressed Nassour, expressing hope that this meeting will be the beginning of fruitful and mutually beneficial cooperation.