Qatar explores investment opportunities in Kazakhstan


ASTANA (TCA) — With the support of Kazakh Invest national company for investment support and promotion, a Qatari business delegation led by the chairman of the Association of Qatari business people Sheikh Faisal Bin Qassim Al Thani visited the cities of Almaty and Astana, where they got acquainted with the investment projects in Kazakhstan, Kazakh Invest reported on May 14. This trip was the return visit of the Qatari business delegation after the meeting with representatives of Kazakh Invest in Doha in April this year.

Business meetings were organized with major Kazakhstani companies in Astana and Almaty. Kazakh Invest presented the Qatari delegation with concrete investment projects for study.

In Almaty, Gettco Construction Division, the largest Qatar construction company expressed interest in implementing projects in the field of commercial real estate and hotel business, presented by Almaty companies. Eurasia Holding presented its investment projects in metallurgy, development and agriculture. Al Sawari of Qatar was presented with the project for the construction of a large theme park near Almaty.

The meeting of Qatar business people with the Chairman of the Board of Kazakh Invest Saparbek Tuyakbayev was held in Astana. At the meeting, Kazakh business people told about projects in the sphere of the agro-industrial complex, tourism industry, petrochemistry and metallurgy.

So, the project for the reconstruction and modernization of the sports and entertainment complex Tabaga were presented to the Qatar investors in order to increase the capacity to 5 thousand people a day. The business delegation got acquainted with the project for the construction of an oil refinery in the South Kazakhstan region for the processing of hydrocarbon raw materials for the production of Grade 5 engine oil and petrochemical products.

Qatar business people expressed interest in the project for deep processing of turkey meat to 100 thousand tons per year.

The agreements reached during the visit of the business delegation of Qatar will be actively studied during the next months. Therefore, in the near future a business trip of the Kazakh delegation to Qatar will be organized. In addition, Qatari businesspeople are going to visit a number of regions of Kazakhstan to study in detail the investment opportunities of the regions.

Sergey Kwan