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German businessmen intend to expand investment activity in Kazakhstan

16 November 2017 [12:11] - TODAY.AZ

By  Trend


The Week of Kazakhstan's Economy kicked off in Germany November 13 and will run until November 16 on the eve of the first visit of Chairman of the German Committee on Eastern European Economic Relations Wolfgang Buchele to Astana in December 2017.

A round table dedicated to the expansion of Kazakhstan’s investment opportunities was held with German businessmen within the Week of Kazakhstan's Economy.

The Kazakh delegation led by the country’s Deputy Minister for Investments and Development Timur Toktabayev spoke about the investment climate in Kazakhstan, joint projects in the transit and transport sector, the opportunities for German companies’ participation in the implementation of the state privatization program.

German businessmen also shared their further plans. Thus, President of Regional Division Europe at BASF SE Markus Kramer spoke about the company’s adoption of the Strategic Plan for Business Development in Central Asia.

Chairman of Board at Bilfinger SE Thomas Blades expressed interest in modernizing industrial facilities in Kazakhstan within industrialization by using advanced German technologies, as well as participation in infrastructure projects in the country and the privatization program.

Managing director of ThyssenKrupp AG Klaus Potthoff informed about the advantages of the technological partnership between Kazakhstan and Germany.

The trade turnover between Kazakhstan and Germany increased by 36 percent over 5 months of this year and reached more than 2 billion euros.



URL: http://www.today.az/news/regions/166855.html

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