There are plans to start
construction of a new RES facility, namely a 1-gigawatt large wind power plant,
at the expense of Arab investments in the Zhetisu region in 2025. The parties
are now negotiating on the project. At the government meeting, Kazakh Prime
Minister Alikhan Smailov instructed to intensify the coordination of procedures
for all joint investment projects with Saudi Arabia, particularly, in the
spheres of agriculture, pharmaceuticals and metallurgy. Domestic diplomats, the
diplomatic mission of Kazakhstan in Jeddah, the Kazakh Invest national company and
other interested state agencies and organizations should conduct more active
work, including a more thorough study of the pool of potential projects,
according to Smailov. Besides, the Prime Minister instructed to organize a
thematic business forum with the participation of entrepreneurs of the two
countries ahead of the next meeting of the Kazakh-Saudi Intergovernmental
Commission.
