Prime Minister of the Republic of Kazakhstan Olzhas Bektenov participated in the V Tashkent International Investment Forum and was received by President of the Republic of Uzbekistan Shavkat Mirziyoyev.

During the meeting, Olzhas Bektenov conveyed warm greetings and best wishes from President of the Republic of Kazakhstan Kassym-Jomart Tokayev. It was noted that the interaction between the two countries is a vivid example of strategic partnership and alliance based on trust and mutual understanding between brotherly peoples. It was emphasized that the agreements reached by the heads of state provide additional impetus for the further development of multifaceted cooperation. In 2025, the volume of mutual trade between Kazakhstan and Uzbekistan increased by 16.2% and reached $4.8 billion. For January–April of this year, bilateral trade turnover amounted to $1.9 billion, which is 42.1% higher than the same period last year. Attention was paid to the development of trade and economic ties, industrial cooperation, transport and logistics connectivity, as well as cooperation in the fields of energy, water resources, and tourism.

The forum was attended by the Presidents of Uzbekistan and Albania, heads of government of Azerbaijan, Belarus, Kyrgyzstan, the Russian Federation, and Tajikistan, as well as representatives of business, international development banks, and state bodies. Issues of sustainable economic development, investment attraction, and innovation implementation were discussed.

Speaking at the forum, Olzhas Bektenov noted that Kazakhstan supports the further deepening of interaction between the countries of the region in order to unlock the economic potential of Central Asia.

Institutional reforms are being implemented in Kazakhstan, initiated by President Kassym-Jomart Tokayev and aimed at sustainable diversified economic growth. Special attention is paid to improving the investment climate and increasing business activity. The new Constitution of the Republic of Kazakhstan lays the foundation for building a Just and Strong state, which creates additional conditions for further improvement of the business environment and strengthening the country’s investment attractiveness.

The Concept of Investment Policy until 2030 has been updated. To expand external capital attraction, the presence of the national company Kazakh Invest is being strengthened in priority markets. The Committee for the Protection of Investors’ Rights operates under the General Prosecutor’s Office, ensuring the protection of the legitimate interests of business. A new special visa regime — “Altyn Visa” — is being introduced, providing simplified conditions for stay in the country for investors and highly qualified specialists. Collectively, these measures are designed to stimulate investment activity and accelerate the development of new high-tech industries in Kazakhstan.

The Head of the Government of Kazakhstan separately noted the potential for cooperation in the field of digital technologies and AI. Kazakhstan is actively forming a new-generation IT ecosystem: two supercomputers have been commissioned, and the International Artificial Intelligence Center Alem.AI has been established. The “Data Center Valley” project is being implemented, designed to become the digital hub of Central Asia, into which global IT giants Firebird and NVIDIA alone are already investing $10 billion.

#Olzhas Bektenov #Digitalization #International Cooperation #Investments #Trade and economic cooperation

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