President Kassym-Jomart Tokayev held a series of meetings
with representatives of international businesses and financial institutions on
the sidelines of the Foreign Investors’ Council meeting in Astana. Prospects for cooperation in the coming years
with the European Bank for Reconstruction and Development were discussed during
a meeting with the
Bank’s President Odile Renaud-Basso. Kassym-Jomart Tokayev and Odile
Renaud-Basso emphasized the importance of expanding cooperation in
digitalization and artificial intelligence. The EBRD stated that it is ready to
support the development of Kazakhstan’s innovation ecosystem. To date, the Bank’s portfolio in the country comprises 131 projects worth
more than €3 billion.
President Tokayev also held a
meeting with VEON Group Chief Executive Officer Kaan Terzioglu, who expressed interest in
participating in the implementation of the Digital Kazakhstan concept. In addition, the company plans to double the
scale of its business in Kazakhstan over the next three years and invest an
additional $1 billion in the country’s economy.
The President also discussed cooperation under the new
2027–2032 Partnership Strategy with the President of the Islamic Development
Bank, Muhammad Sulaiman Al Jasser. To date, the financial institution has
provided Kazakhstan with more than $4 billion in financing, while its portfolio
of current and prospective projects exceeds $3 billion.
President Tokayev also met with Khush Choksy, Senior Vice
President at the U.S. Chamber of Commerce. The parties explored opportunities
to expand cooperation in energy, transport connectivity, agriculture, and the
development of critical minerals. The Head of State also reaffirmed the
country’s readiness to strengthen constructive engagement with the
administration of President Donald Trump.
Kassym-Jomart Tokayev discussed the implementation of
joint projects in the nuclear industry with Cameco Corporation CEO Tim Gitzel.
The Head of State emphasized that establishing a full nuclear fuel cycle in Kazakhstan is a strategic priority. He also noted that
the country continues to modernize its industrial sector while expanding high
value-added manufacturing.
The Head of State met with AD Ports Group Managing Director and CEO Mohamed Al Shamisi. The talks focused on expanding the Caspian region’s transit and transport potential as part of Middle Corridor development. The two sides also discussed the operation of joint ventures in freight transportation and the modernization of port infrastructure, including the construction of grain and cargo terminals.
Construction has begun on a new beverage production plant
in the Aktobe region. It will become Anadolu Group’s sixth manufacturing
facility in Kazakhstan. Over the past 30 years, the company has invested around
$1 billion in the country’s economy. Chairman of Anadolu Group Kamil Süleyman Yazıcı briefed President Kassym-Jomart Tokayev on the project.
The two sides also discussed the implementation of joint projects in other
sectors of the economy.
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