Joint implementation of cross-border energy projects and the
production and transmission of green energy were among the proposals put
forward by Kazakh Prime Minister Olzhas Bektenov on priority areas of
cooperation for the Central Asian countries at the IV Tashkent International
Investment Forum. He also emphasised the importance of developing transport and
logistics infrastructure to realise the mutually beneficial potential of the region's
countries. Bektenov called for the implementation of major investment projects
within the Trans-Caspian Transport Corridor. Additionally, he highlighted the
need to transform digital infrastructure and attract investment in this sector.
«Attracting investments is a very important factor in
shaping the economic framework of our region. Kazakhstan aims to attract at
least $150 billion of FDI by 2029. These goals are ambitious and large-scale,
but from our perspective they are achievable. To this end, comprehensive
reforms are being steadily implemented focusing on structural transformations
of the national economy,» Bektenov said.
On the sidelines of the forum, the President of Uzbekistan
and the Prime Minister of Kazakhstan held a meeting to discuss trade and
economic relations, industrial cooperation, water and energy issues, and
humanitarian ties. Uzbekistan is a key trading partner for Kazakhstan. In the
first four months of this year, bilateral trade reached $1.3 billion, with
Kazakh exports accounting for $1 billion of that total.
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