Kazakh-German business forum

From May 12 to May 15, the Kazakh-German business forum was held in the capital of Kazakhstan with the participation of the First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar. Leitmotif of the event, which was attended by about 250 delegates, was the development of Kazakh-German economic cooperation in the field of high technologies, green economy and logistics.

Edison Kasapoglu, the President of Edison Technologies Company, also took an active part in this forum.

Opening the plenary session, Roman Sklyar noted that Germany is one of the most important partners of Kazakhstan and highly appreciated the level of trade and economic cooperation and the prospects for bilateral cooperation. In his speech, he emphasized that the strategic initiatives of the country’s leadership since independence have been aimed at qualitative diversification of the economy, technological modernization of basic industries and the development of human capital.

According to the First Deputy Prime Minister, Kazakhstan, having such factors as diversified energy sources, logistics and significant natural resources, has a significant potential for the production and subsequent export of “green” energy. Speaker called on German investors to cooperate and stressed that Kazakhstan is interested in attracting German investments in digital technologies in order to modernize existing enterprises, as well as create new high-tech industries.

In his speech, Manfred Grundke, Member of the Board of the Eastern Committee of the German Economy and Speaker of the Country Team for Central Asia, emphasized that in the thirtieth year, German-Kazakh economic relations reached a high level: “Kazakhstan is, of course, Germany’s most important trading partner in Central Asia. Thanks to their technological solutions and know-how, German companies increase productivity in all sectors of the economy. Together we can and will achieve much more. For us, Kazakhstan is much more than a supplier of raw materials. We are convinced that Kazakhstan can reap the most sustainable benefits from diversified development”.

Manfred Grundke also noted that agriculture, logistics, digitalization, as well as industrial production are just some of the industries that can take Kazakhstan to a new economic level. Processes aimed at creating such a breakthrough are already underway. Government of Kazakhstan aims to ensure a sustainable inflow of innovation and capital through the creation of a favorable investment climate and state investor support programs.

Michael Harms, Managing Director of the Eastern Committee of the German Economy, noted the huge potential of Kazakhstan in the field of renewable energy, which can be of help to the German economy in its transition to a green economy, in the process of decarbonization and digitalization.