Prospects for investment cooperation between Kazakhstan and UAE discussed in Abu Dhabi

 MFA
Фото: MFA

Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev, during his official visit to the United Arab Emirates, held a meeting with the UAE Minister of Industry and Advanced Technology, Chairman of Masdar and CEO of ADNOC, Sultan Ahmed Al Jaber.

During the talks, the parties discussed the current state and future prospects of investment cooperation between Kazakhstan and the UAE, as well as ways to advance collaboration in the field of renewable energy.

The Kazakh Minister noted the steady positive dynamics of bilateral economic cooperation. In particular, following the results of 2025, the UAE ranked among the top five largest investors in Kazakhstan, with investment volumes reaching approximately 1.64 billion US dollars. Growth in mutual trade was also noted.

Special attention was given to the 1 GW wind power plant project in the Zhambyl region, implemented by Masdar. This project is one of the largest renewable energy initiatives in Central Asia and stands as a vivid example of strategic partnership between the two countries.

In addition, the parties discussed prospects for further expansion of the project, including increasing its capacity and introducing advanced energy storage solutions.

Minister Kosherbayev emphasized the importance of further developing cooperation in new areas, including green hydrogen projects, localization of production, and the development of value chains, expressing confidence that this visit would provide additional momentum to investment cooperation, including the implementation of joint projects.

Following the meeting, the parties reaffirmed their commitment to further strengthening the strategic partnership.

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