Italian business exploring opportunities in Kazakhstan’s Mangistau region

ASTANA (TCA) — Businessmen from Italy met with business circles of Kazakhstan’s western Mangistau province, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website on March 28.

Deputy Director for Economic Affairs of the Mangistau Regional Chamber of Entrepreneurs, Aset Manov, briefed the guests on the current situation and development prospects of Mangistau’s economy, its innovation potential, and preferences created in Kazakhstan for foreign investment.

“We are confident that you will express an interest in cooperation with Mangistau partners and in opening of joint ventures,” he said to the Italian businessmen.

The Italian delegation included representatives of such companies as Scool IMPRENDO, LTMBUL LTD, AFN Engineering, and Archenergy Group Esco Srl. The companies are involved in agriculture, agricultural equipment and products, maintenance in the field of architecture and environmentally friendly design. The Italian delegation also presented their work in the field of eco-sustainable development, renewable energy, waste treatment, and production mechanisms.

The technical manager of AFN Engineering, Antonio Zerillo, said that the purpose of their visit was to get acquainted with the Mangistau region, as well as to determine prospects of cooperation between business circles of Mangistau and Italy.

“For us it is very important to hold such meetings which promote bilateral cooperation. It is not easy to establish partnership right away, it is necessary to study in detail the potential of the region. I think it would be appropriate to organize a trip of local businesses to Italy. We have exchanged contact details, our meetings will continue, and I think the next time we will sit at the negotiating table and enter into specific business agreements,” the Italian guest said.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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