Prime Minister of Kazakhstan held meetings with heads of foreign companies

On the eve of the 34th plenary meeting of the Council of Foreign Investors, Prime Minister Alikhan Smailov held meetings with the heads of General Electric and Citigroup, as well as the Asian Development Bank.

At a meeting with Bela Ferenczi, President of General Electric in Russia and the CIS, promising areas of strategic partnership between the Government of the Republic of Kazakhstan and GE in the energy sector, healthcare and aviation, as well as projects for the modernization of existing and construction of new generating capacities in Kazakhstan, were considered.

“Kazakhstan is interested in long-term cooperation with such strategic investors as General Electric. We are determined to maintain established partnership traditions and develop new points of interaction,” said Alikhan Smailov.

In a conversation with Vice President of the Asian Development Bank Ashok Lavasa, the strategic nature of bilateral cooperation was noted.

“The Bank has been supporting the economy of Kazakhstan for about 28 years and our partnership continues to develop. Over the years, we have managed to build mutually beneficial cooperation in the framework of many projects. We highly appreciate the contribution that the ADB makes to the development of Kazakhstan,” the Head of Government emphasized.

The parties discussed the implementation of joint projects in the gas industry, logistics, energy and healthcare, as well as new areas of cooperation for the coming years.

During negotiations with Citigroup CEO David Livingston, the issues of decarbonization and the development of a green economy were considered.

“Over the past 30 years, Citibank Kazakhstan has established itself as one of the country's most reliable corporate banks and has become a backbone for most international corporations operating in Kazakhstan. Given this, we are ready to consider the prospects for the implementation of new mutually beneficial projects,” said Alikhan Smailov.

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