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Kazakhstan|economy|October 11, 2021 / 02:05 PM
Kazakhstan, UAE reach investment agreements totaling $6 billion

AKIPRESS.COM - Prime Minister of Kazakhstan Askar Mamin visited the UAE on October 9-10, his press office said.

Following the talks, an intergovernmental agreement on the establishment of a long-term strategic partnership for the development of projects in priority sectors of the economy has been reached

The document is aimed at implementing projects in the energy, agro-industrial, transport and logistics, pharmaceutical and financial sectors with a total investment of more than $6 billion, the statement said.

The main partner of Kazakhstan in the implementation of the agreement will be the Abu Dhabi Wealth Fund ADQ, which is widely represented in such sectors as manufacturing and mining, agribusiness, transport and logistics, finance, tourism, media and energy. The fund manages assets of more than $175 billion.

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