Kazakhstan-Japan business forum held in Tokyo

ASTANA (TCA) — The business forum, held last week, presented Kazakhstan’s investment climate, transport and logistics potential and transit opportunities of the country, as well as the most promising sectors for foreign direct investment and a number of specific investment projects, Kazakh Invest national company for investment support and promotion reported.

The Kazakh delegation headed by Arystan Kabikenov, deputy minister of investment and development of Kazakhstan, included representatives of Kazakh Invest, KTZ Express, SEZ Khorgos – Eastern Gate, SEZ Astana-Technopolis, the United Chemical Company, Investment and Management Company Altyn, and InKazConsulting Company.

The Japanese delegation included representatives of the Ministry of economy, trade and industry and the Ministry of land resources, infrastructure, transport and tourism of Japan. More than 20 Japanese companies were represented, including Marubeni Corporation, Mitsui & Co. Ltd, Tokyo Rope, Sumitomo Corporation, Toyota Tsusho Corporation, and Itochu Corporation.

Yerlan Baudarbek-Kozhatayev, Kazakh ambassador to Japan, in his welcome speech noted the establishment of expanded strategic partnership between Kazakhstan and Japan, which is actively developing bilateral political dialogue and trade and economic ties. The Ambassador focused the attention of the forum participants on strengthening the integration processes in Central Asia and determining the legal status of the Caspian Sea, which creates favorable conditions for investment in the Kazakh economy.

Deputy Minister Kabikenov informed about the efforts of Kazakhstan Government to increase the attractiveness of the national economy for foreign investors and noted that wide opportunities for participation in the Kazakh economy offer the membership in the World Trade Organization and the OECD Committee on investment.

Shigeru Yamazoe, the associate Chairman of the Kazakh-Japanese Business Council and the Deputy Chairman of Marubeni Corporation, expressed the interest of Japanese companies in deepening trade, economic and investment cooperation with Kazakhstan and the implementation of joint projects in the fields of energy, transport and logistics, as well as green technologies.

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