BAKU, Azerbaijan, September 29. Kazakhstan
plans to launch a Kazakhstan-Germany Funding and Industrial
Initiative primarily based on a unified portfolio of flagship initiatives, with
the present joint funding portfolio comprising 40 initiatives
price greater than $54 billion, President Kassym-Jomart Tokayev mentioned
on the Kazakhstan-Germany Enterprise Discussion board in Berlin at the moment.
In accordance with the press service of Kazakh President, Tokayev
described industrial cooperation as one of many key areas of the
bilateral partnership.
Of the 40 funding initiatives at the moment included within the joint
portfolio, 21 initiatives have already been applied, he mentioned.
Tokayev highlighted profitable cooperation with German corporations
together with CLAAS, Horsch, Amazonen-Werke and Knauf. Over the previous
5 years, CLAAS has produced greater than 2,100 items of
agricultural equipment in Kazakhstan, in response to the
president.
“Our industrial partnership is changing into a two-way course of, as
mirrored within the development of Kazakhstan’s industrial exports to
Germany. Specifically, throughout my go to, agreements have been reached on
provides to the German market of Kazakh-made engineering merchandise,
together with railway wheels manufactured utilizing German tools,”
Tokayev mentioned.
He mentioned Kazakhstan was able to develop cooperation with German
corporations in automation, machine instrument manufacturing, industrial
robotics, precision engineering, superior manufacturing and the
digitalization of manufacturing processes.
“These examples level to the following stage within the growth of
our financial relations. We should always transfer from particular person profitable
initiatives to systematic industrial partnership. To this finish,
Kazakhstan is able to launch the Kazakhstan-German Funding and
Industrial Initiative, primarily based on a unified portfolio of flagship
initiatives,” Tokayev mentioned.
“The purpose is sensible – to pick out commercially viable initiatives
able to creating new industries in Kazakhstan, bringing superior
German applied sciences and experience, and guaranteeing the manufacturing of
aggressive items for regional and world markets. German
Mittelstand corporations can play a very essential function in
this space,” he added.
Tokayev additionally famous that Kazakhstan and Germany may function an
essential bridge for strengthening financial ties between Central
Asia and Europe.
