11.10.21
On October 9-10, 2021, Prime Minister of Kazakhstan Askar Mamin made a working trip to the United Arab Emirates. The related news was published on the internet news of kazpravda.kz.
In Abu Dhabi, the Head of Government held talks with Deputy Prime Minister, Minister of Presidential Affairs of the UAE Sheikh Mansour bin Zayed Al Nahyan, as well as the leadership of state development institutions and holdings Abu Dhabi Development Holding Company (ADQ) and other leading companies of the UAE.
The parties discussed the implementation of the agreements reached earlier and the prospects for bilateral cooperation in trade, economic, financial and investment, energy, transport and logistics, agro-industrial and other spheres. Currently, UAE companies are involved in the implementation of 11 major investment projects in Kazakhstan with a total value of over $3.5 billion.
As a result of the negotiations, an intergovernmental agreement was signed on the establishment of a long-term strategic partnership for the development of projects in priority sectors of the economy. The document is aimed at implementing projects in the energy, agro-industrial, transport and logistics, pharmaceutical and financial sectors of the national economy of the Republic of Kazakhstan with a total investment of more than $6 billion.
The main partner of Kazakhstan in the implementation of the agreement will be the Abu Dhabi Sovereign Wealth Fund ADQ, which is widely represented in such sectors as manufacturing and mining, agriculture, transport and logistics, finance, tourism, media and energy. The fund manages assets of more than $175 billion.
In Dubai, the Head of Government visited the international exhibition "EXPO 2020 Dubai", where he got acquainted with the national pavilions of Kazakhstan, the UAE, the Russian Federation and others.
