Qazaqstan Investment Corporation and Arab ADQ are creating a joint investment platform

The subsidiary of the "Baiterek" holding, Qazaqstan Investment Corporation, the operator of the direct investment market in Kazakhstan, and the Abu Dhabi-based investment holding company ADQ, have announced the creation of a joint investment platform.

The corresponding memorandum was signed during the visit of Head of State Kassym-Jomart Tokayev to the UAE. The platform will focus on preparing and implementing investment projects in Kazakhstan, as well as in the countries of the Central Asia and Caucasus regions, in the fields of manufacturing, renewable energy, agro-industrial complex, healthcare, financial services technology, education, and other areas.

Investments are planned to be directed into rapidly growing sectors to promote economic development and strengthen ties between Kazakhstan and the UAE.

Source: tengrinews.com