ASTANA, Kazakhstan, September 13. The launch of high-tech export projects in Kazakhstan can significantly increase the country's GDP and attract investment in the manufacturing sector,TurkicWorld reports, referring to the Economy Ministry of Kazakhstan.
It was stated during the meeting of the Kazakh delegation with the Minister of Finance of Hong Kong Paul Chan Mo-po, Minister of Commerce and Economic Development of Hong Kong Algernon Yau, Chairman of the Monetary Authority of Hong Kong Eddie Yue, as well as with 12 major financial institutions of China and Hong Kong.
In the course of the meeting, which included representatives of the Development Bank of Kazakhstan, NUH "Baiterek" JSC, and the "Kazakhstan Investment Development Fund" (KIDF) from the Kazakhstani side, the possibilities of attracting foreign companies to create competitive export projects in Kazakhstan were discussed. The ways of using the expertise and technologies of leading Chinese and Hong Kong companies for the development of high technologies and processing of raw materials in Kazakhstan were considered.
The rollout of these initiatives is set to bolster Kazakhstan's standing as a key player in the processed products arena, while also cranking up the productivity and tech-savvy nature of the economy.
The parties will keep the ball rolling in the coming months to pinpoint specific areas where they can join forces.
