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Kuwaiti company explores investment opportunities in education and healthcare in Kazakhstan

Kuwaiti company explores investment opportunities in education and healthcare in Kazakhstan
Фото: MFA 23.10.2024 09:17 350

Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov and Managing Director of JSC “NC “Kazakh Invest” Azamat Kozhanov met with Chairman of the Board of Directors of “Kuwait Investment Company”, Yousef Mohammad Al-Ali, who arrived in Kazakhstan to explore investment opportunities in the country, El.kz cites MFA.

During the meeting, Kuantyrov expressed Kazakhstan’s readiness to deepen investment relations with Kuwait, including through the signing of a bilateral investment cooperation agreement and a convention on the avoidance of double taxation. The Deputy Minister also highlighted Kazakhstan’s investment climate, government support measures, and particularly emphasized the investment potential in the education and healthcare sectors.

Yousef Mohammad Al-Ali, in turn, expressed strong interest in expanding investment cooperation with Kazakhstan, noting the importance of sustainable development in key sectors such as education and healthcare for the long-term economic growth of the country. He emphasized that the Kuwait Investment Company places a high priority on social projects that improve the quality of life and strengthen human capital.

At the conclusion of the meeting, both parties reaffirmed their commitment to continue mutually beneficial cooperation and agreed to exchange information on promising projects for potential investment by the Kuwaiti company.

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