Investment Promotion Agency Qatar (IPA Qatar) signed a memorandum of understanding (MoU) with Kazakh Invest-the national development institute that promotes sustainable socio-economic development of the Republic of Kazakhstan.
CEO of IPA Qatar Sheikh Ali Alwaleed Al-Thani and Chairman of the Management Board at Kazakh Invest Meirzhan Yussupov signed the MoU On the sidelines of the Astana International Forum 2023.
The MoU aims to promote and facilitate knowledge and information exchange, as well as share expertise and best practices to promote investment opportunities between the State of Qatar and the Republic of Kazakhstan.
CEO of IPA Qatar Sheikh Ali Alwaleed Al-Thani said: "As the largest economy in Central Asia in both absolute and per capita terms, Kazakhstan is a long-standing trading hub that poses incredible potential for investors from Qatar and vice versa.
"We are delighted to welcome Kazakh Invest as an international partner that shares in our ambition to attract foreign direct investment, promote business success and foster strong alliances that can advance our countries growth objectives." he added.
For his part, Chairman of the Management Board at Kazakh Invest Meirzhan Yussupov said: "Through this strategic partnership with IPA Qatar, we aim to create a robust platform for business collaboration and investment between Kazakhstan and Qatar. Kazakhstan's strong economic standing and its potential as a gateway to Central Asia make it an attractive destination for Qatari investors. By sharing knowledge, expertise, and best practices, we can unlock new opportunities and drive mutual growth and prosperity for our countries."
Source: Qatar News Agency