‘Kazakhstan: Investment Opportunities’ Forum took place in Spain


'Kazakhstan: Investment Opportunities' Forum took place in SpainApril 10-11 the city of Bilbao (Spain) has hosted an economic forum called “Kazakhstan: Investment Opportunities” organized by the Embassy of the Republic of Kazakhstan and RBT company with the support of the government of the Basque Country.

The event was attended by the representatives of more than 160 leading companies of Spain (Talgo, Maxam, Tecnicas Reunidas, Wisco, Velatia, Antolin, Gestamp, Acerinox, Acciona), according to the Ministry of Foreign Affairs of Kazakhstan.

The Kazakh delegation included the representatives of the Foreign Affairs Ministry, “Samruk – Kazyna” JSC, “Samruk – Kazyna Invest” JSC, “KAZNEX Invest” JSC and “Asia Auto” JSC. In his speech, Ambassador of Kazakhstan in Spain Bakhit Dyusenbayev noted the strategic nature of relations between Kazakhstan and Spain fixed by the relevant treaty in 2009. The head of the Kazakh diplomatic mission stressed that the development of economic cooperation is a priority in bilateral relations. Dyusenbayev urged the Spanish companies and investors to actively participate in the projects of the industrial-innovative development program.

During the visit to Bilbao the Kazakh delegation has held a meeting with the head of government of the Basque Country Inigo Urkulyu. The meeting discussed the establishment of bilateral inter-regional collaboration, development of “green economy” and the implementation of priority sectors projects.In addition, there were carried out a number of bilateral talks with the chairmen of the leading Spanish companies including such enterprises as Tecnicas Reunidas, Wisco, Velatia, Antolin, Gestamp, Acerinox, Acciona and Tecnalia.

Basque Country is an autonomous community in northern Spain, one of the most industrialized regions of the country. The standard of living in the region is among the highest in the country. GDP per capita in the Basque Country is about 32 thousand euros, which puts the region in a leading position not only in Spain but also in the European Union as a whole.