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Kazakhstan and Ukraine discussed opportunities for investment cooperation

Kazakhstan and Ukraine discussed opportunities for investment cooperation

Kazakhstan-Ukrainian Investment Forum took place in Kiev. The round table was organized by the Embassy of the Republic of Kazakhstan in Ukraine, the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, National Company «KAZAKH INVEST» JSC and the Chamber of Commerce and Industry of Ukraine.

The event was attended by the representatives of business, government, regional authorities of Kazakhstan and Ukraine, associations of entrepreneurs and investment companies.

During the event, the Ambassador of the Republic of Kazakhstan to Ukraine, the Chairman of the Investment Committee of the Ministry of Foreign Affairs, the Deputy Chairman of KAZAKH INVEST, the President of the Ukrainian and Kazakh CCIs, and the heads of small and medium-sized enterprises of Ukraine made presentations.

In his speech, the Deputy Chairman of the Board of KAZAKH INVEST Birzhan Kaneshev noted that this event testifies to the great attention to further deepening and developing mutually beneficial cooperation in the investment and trade and economic spheres.

«Our organization is a single national operator supporting investment activities and providing a full range of services for investors. KAZAKH INVEST constantly analyzes investment opportunities in Kazakhstan, identifies potential niches and projects attractive to investors. Today, we are ready to offer potential investors specific projects in various industries, as well as provide support in their implementation. In particular, we have prepared more than 100 investment proposals for the implementation of projects in such sectors as the agribusiness, mining and metallurgical complex, petrochemicals, mechanical engineering and others. We will be happy to share specific investment proposals with Ukrainian business,» said Birzhan Kaneshev.

In turn, the President of the Ukrainian Chamber of Commerce and Industry Gennady Chizhikov noted that the Chamber of Commerce and Industry is actively involved in creating opportunities and tools for bilateral cooperation. According to his words, following the results of the first months of 2020, an increase in mutual trade between the two countries by 13% was noted. The number of joint ventures is also growing.

«The time of normal trade between our countries is over. Today we need to focus on cooperation and joint ventures. It is this cooperation strategy that will be most useful for the two countries. A legal base has been created between Ukraine and Kazakhstan - now there are practically no areas that are not regulated. It just needs to be effectively used», - said Gennady Chizhikov.

The purpose of the event is to increase the turnover between Kazakhstan and Ukraine, optimize the transport and logistics infrastructure for the supply of goods from Ukraine to Kazakhstan and other Asian countries, as well as in the opposite direction, promote progressive technologies and investments to the market of Kazakhstan and Ukraine, and achieve mutually beneficial agreements. , establishing business contacts, as well as analyzing problematic issues.

As a result of the event, a number of B2B meetings were held with Ukrainian companies Bratslav LLC, PKF Drohobych Truck Crane Plant LLC, Montajat Pharmaceuticals, Ukrainian Agrarian Technique LLC and Clear Energy LLC. At the same time, a number of memorandums of cooperation were signed in the fields of renewable energy, pharmaceuticals, agro-industrial complex and mechanical engineering.

For reference: In general, for 2005–2019. Ukrainian businessmen invested $ 148.5 million in direct investments in Kazakhstan. Today, 1,399 companies with capital from Ukraine are registered in Kazakhstan, of which 935 companies are actively operating.

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