A roundtable discussion on business cooperation between the two countries was held in Astana with the participation of Prime Minister of the Republic of Kazakhstan Olzhas Bektenov and Vice President of the Republic of Turkey Cevdet Yilmaz. Representatives of leading domestic and Turkish companies in the financial sector, industry, construction, transport and logistics, energy, and other sectors participated.

In his welcoming address to the roundtable participants, Prime Minister of Kazakhstan Olzhas Bektenov noted the dynamic development of business cooperation in key economic areas.

"On the instructions of President Kassym-Jomart Tokayev, the Government of Kazakhstan is systematically working to launch a new investment cycle and increase high-quality investment. We are committed to further developing our partnership with Turkish businesses. Kazakhstan has all the necessary resources and capabilities for this. "The government, in turn, is ready to provide comprehensive support for new projects," emphasized Prime Minister of Kazakhstan Olzhas Bektenov.

Turkish Vice President Cevdet Yılmaz emphasized Turkish businesses' interest in the Kazakh market and praised Kazakhstan's efforts to develop the economy and create favorable conditions for investors.

"Under the leadership of President Kassym-Jomart Tokayev, Kazakhstan has achieved significant success. The constitutional reforms have strengthened the country's political stability and institutional system. We commend the reforms and transformations in Kazakhstan and congratulate our brotherly country on these achievements. Kazakhstan's economy achieved significant growth—over $300 billion in GDP last year. Growth was 6.5%, almost double the global average," noted Turkish Vice President Cevdet Yılmaz.

Turkey is among Kazakhstan's five largest trading partners. More than 5,000 enterprises with Turkish capital are registered in Kazakhstan, reflecting the high level of business confidence in the Kazakh market. The joint project portfolio includes over 170 initiatives totaling approximately $9.5 billion.

Among the projects already completed are Anadolu Holding's production facilities in the Almaty region, Astana, and Shymkent; Sembol Construction's tourist complexes in the Turkestan and Mangystau regions; and the YDA Holding industrial park in Astana. Current projects include the construction of the Aksa Enerji combined heat and power plant in the Kyzylorda region, the S Sistem Lojistik logistics project in the Aktobe region, the Tiryaki Agro gluten and starch production facility in Astana, the Alarko Holding greenhouse complex in Shymkent, the modernization of the Almaty airport international terminal by TAV Holding, as well as projects by Turkish pharmaceutical companies Abdi Ibrahim in the Almaty region and Nobel in Almaty.

During the dialogue, attention was focused on measures to further expand investment cooperation and create the most favorable conditions for the implementation of new joint initiatives.

Kazakhstan is implementing the Investment Policy Concept through 2030, which provides investors with access to necessary resources, consulting and infrastructure support, and assistance with product exports. To protect investors' rights, a special committee operates under the Prosecutor General's Office, and an Investment Headquarters operates under the Government. Last year, the Investment Headquarters resolved problematic issues in 212 projects worth $115 billion.

Measures to prevent administrative barriers were also noted. For example, for projects worth over $60 million in priority sectors, a mechanism for investment agreements guaranteeing legislative stability for up to 25 years is in place; 53 such agreements have been concluded to date.