The Investment Promotion Agency Qatar (IPA Qatar) has entered into a partnership with Kazakh Invest in order to strengthen business exchange and bilateral investment between Qatar and Kazakhstan.
Kazakh Invest is the national development institute that promotes sustainable socio-economic development of the Republic of Kazakhstan.
Under the memorandum of understanding (MoU), the two entities will work together to facilitate knowledge and information exchange. Furthermore, they intends share expertise and best practices to improve investment possibilities between the two countries.
“As the largest economy in Central Asia in both absolute and per capita terms, Kazakhstan is a long-standing trading hub that poses an incredible potential for investors from Qatar and vice versa. We are delighted to welcome Kazakh Invest as an international partner that shares in our ambition to attract foreign direct investment, promote business success and foster strong alliances that can advance our countries’ growth objectives.”
The partnership between IPA Qatar and Kazakh Invest reflects an important milestone in reinforcing the economic ties between the two countries. Furthermore, it establishes the groundwork for generating new avenues for business expansion and fostering innovation.
Mr. Meirzhan Yussupov, Chairman of the Management Board, Kazakh Invest, stated that, “Through this strategic partnership with IPA Qatar, we aim to create a robust platform for business collaboration and investment between Kazakhstan and Qatar.”
“Kazakhstan’s strong economic standing and its potential as a gateway to Central Asia make it an attractive destination for Qatari investors. By sharing knowledge, expertise, and best practices, we can unlock new opportunities and drive mutual growth and prosperity for our countries,” Mr. Yussupov added.