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Qatar invests $200 million in Akmola region of Kazakhstan.

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PM of the Republic of Kazakhstan Alikhan Smailov held a meeting with the Ambassador of the State of Qatar to Kazakhstan Abdulaziz bin Sultan Al-Rumeihi.

In particular, we are talking about the construction of a grain processing plant in the Akmola region. The estimated cost of the project is $200 million. Its concept and terms of partnership are currently being worked out.
As the head of the Government noted, Qatar is an important political and economic partner of Kazakhstan in the Arab world. Diplomatic relations were established 30 years ago. And in recent years, there has been a consistent development of bilateral relations, which was facilitated by active contacts between the leaders of the two countries.
Alikhan Smailov recalled that the 6th meeting of the Kazakh-Qatar high-level joint commission was successfully held in Doha in October.
“These events give significant impetus to the expansion of our trade and economic ties. It must be said that last year the volume of Qatari investments in our economy increased 3 times. And over 10 months, the volume of trade turnover also increased almost 3 times. However, it is clear that there is still potential for increased trade and investment cooperation. We are interested in expanding the capabilities that we have. It is gratifying to note that there are currently prospects for the joint implementation of a number of projects in the agro-industrial complex,” the Prime Minister said.
“Kazakhstan has the necessary conditions to develop business. For our part, we are ready to provide the necessary support,” assured Alikhan Smailov.
Mr. Abdulaziz bin Sultan al-Rumeihi expressed his gratitude for the reception and support from both the Government and the country's leadership. The Ambassador emphasized Qatar's great interest in developing bilateral relations, implementing business projects and strengthening investment cooperation.

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