Kazakhstan, Qatar collaborate on joint projects

Kazakhstan, Qatar collaborate on joint projects

Kazakhstan and Qatar are set to implement projects in the agro-industrial complex. Specifically, there are plans to build a grain processing plant in the Akmola region. The joint venture is estimated to cost $200 million, and the concept and partnership terms are currently being worked out, according to the website of the Kazakh Prime Minister. Overall, the parties are keen on expanding bilateral relations and strengthening investment cooperation. It is noteworthy that Qatari investments in Kazakhstan’s economy tripled last year, with a similar growth trend observed in trade turnover indicators for the first 10 months.