KAZAKH INVEST is Strengthening Cooperation with the Investment Promotion Agency of the Republic of Sakha (Yakutia)

KAZAKH INVEST is Strengthening Cooperation with the Investment Promotion Agency of the Republic of Sakha (Yakutia)

The Deputy Chairman of the Board of "NC "KAZAKH INVEST" JSC, Ruslan Ibraimov, met with the Chairman of the Board of "Invest in Yakutiya" Anna Struchkova and discussed opportunities for expanding investment relations.

The Republic of Sakha (Yakutia) is the largest subject in the Russian Federation, with an area of 3083.5 thousand km2, and is part of the Far Eastern Federal District (DFO). In terms of area, Yakutia is larger than Argentina - the eighth country in the world.

In January-September 2022, the turnover Yakutia with Kazakhstan compared to 2021 increased by 50 times, from 1.5 to 78 million dollars. Exports for 9 months of 2022 exceeded 77 million dollars, mainly due to supplies of precious metal concentrates.

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During the meeting, Ruslan Ibraimov talked about the activities of the national company, the promising directions of cooperation, and investment projects that could be implemented jointly by Kazakh and Yakut entrepreneurs. He also invited Yakut business to actively participate in the implementation of projects in Kazakhstan, assuring that KAZAKH INVEST is ready to provide full support for such projects.

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In turn, Anna Struchkova spoke about the interest of the Yakut side in expanding cooperation in the form of implementing projects in various spheres of the economy. Among the possible projects, she talked about the construction of a enterprise for the production of vaccines for animals.

It should be reminded that earlier, the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, met with the Head of the Republic of Sakha (Yakutia), Aisen Nikolayev.

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