Kazakhstan and Uzbekistan are set to establish
the «Central Asia» industrial cooperation centre. The Mazhilis, the Lower House
of the Kazakh Parliament, has ratified the intergovernmental agreement
regulating its activities. The total area of the Centre will be 100 hectares,
with Kazakhstan occupying half of the space and Uzbekistan the other half. A
designated area will also be granted the status of a regional industrial zone.
The Centre will be located near the «Atameken» and «Gulistan» border checkpoints
and will include production facilities, warehouses, and transport
infrastructure. According to the Kazakh Minister of Trade and Integration, this
initiative is expected to create a multiplier effect, accelerating cargo
transportation, reducing logistics costs, and shortening the supply chain. As a
result, the final cost of goods for consumers will decrease, and production
partnerships within the North-South corridor will receive a new impetus.
«The Turkistan region governor’s office held
an open competition and selected the main investor. The investor will allocate
funds into the internal and external infrastructure of the Center. Currently,
the investor is developing the design and estimate documentation to provide the
necessary infrastructure for the Center. The ratification of the agreement and
the establishment of the Central Asia International Center for industrial
cooperation will have a positive impact on the further development of bilateral
trade and economic relations and will also enhance business ties between
producers and entrepreneurs of the two countries,» noted Kazakh Minister of
Trade and Integration Arman Shakkaliyev.
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