Kazakhstan-Thailand Round Table Held in Astana

Kazakhstan-Thailand Round Table Held in Astana

In Astana, at the venue of JSC "NC "KAZAKH INVEST", the Kazakhstan-Thailand Roundtable took place, dedicated to strengthening the cooperation between the two countries within Thailand's adopted BCG economic concept: B - bioeconomy, C - closed-loop economy, and G - "green" economy.

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Representatives of state authorities and business communities of Kazakhstan and Thailand participated in the event. Speakers included representatives of JSC "NC "KAZAKH INVEST", Ministry of Energy of the Republic of Kazakhstan, Committee of Geology of the Ministry of Industry and Infrastructure, The National Chamber of Entrepreneurs of the Republic of Kazakhstan “Atameken”, JSC " QazTrade, JSC "Kazakh Export", Embassy of the Kingdom of Thailand in the Republic of Kazakhstan, and others.

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Opening the event, Ambassador Extraordinary and Plenipotentiary Mr. Chatchawan Sakornsin noted that Kazakhstan is an important partner for Thailand in Central Asia. He stated that the business community of Thailand is ready to join efforts with Kazakh companies to expand economic relations. He emphasized the importance of developing "green" technologies, urging the business communities of both countries to actively cooperate.

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In turn, Director of the Department of Investment Attraction and Marketing of KAZAKH INVEST Nurzhan Abilkhaiyr spoke about the company's activities, preferences provided by the Government of the Republic of Kazakhstan, and prospective directions for expanding cooperation between the countries.

"The influx of investments from Thailand to Kazakhstan since 2011 has amounted to only $1.1 million. However, the trade turnover has exceeded $270 million. In this regard, we see great potential for localizing production of goods in the Republic of Kazakhstan and import substitution, including in the field of the "green" economy. Today's event is a good opportunity to learn more about the investment climate in Kazakhstan, prospective projects in processing industries, and success stories of foreign investors in our country," - summarized N. Abilkhaiyr.

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Representatives of the business community of Thailand expressed deep interest in developing mutually beneficial cooperation with Kazakhstan, highlighting the potential for expanding trade, investments, and joint projects in various sectors of the economy.

During the meeting, prospective directions of cooperation were defined in sectors such as "green" energy, extraction and processing of rare earth metals, eco-friendly agriculture, and others. Participants of the Roundtable expressed readiness to actively seek new opportunities for developing partnership relations and establishing joint ventures.

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