Prospects for bilateral investment cooperation discussed in Kuwait

Ambassador of the Republic of Kazakhstan to the State of Kuwait Yerzhan Yelekeyev met with Chairman of the Board of Directors of “Al Babtain Group” Saud Abdulaziz Al-Babtain, El.kz cites Kazakh FM.

During the discussions, the parties explored prospects for bilateral cooperation in the fields of investment and economy, and outlined plans for the development of joint projects.

The Kazakh Ambassador provided a detailed overview of the current economic situation in Kazakhstan, highlighting the steady growth of the national economy and improvements in the investment climate. He emphasized the reforms and enhancements to legislation that provide additional guarantees for foreign investors. Special attention was given to the Astana International Financial Centre (AIFC), which offers wide opportunities for investment and business based on advanced international standards.

For his part, the head of «Al Babtain Group» expressed interest in exploring investment opportunities in Kazakhstan, and the parties exchanged views on specific areas of cooperation.