Kazakhstan invites Finland to cooperate in high technologies and scientific research

March 4. Interfax-Kazakhstan. Astana

Kazakhstan sees cooperation with Finland in the area of high technologies and joint scientific research.

“Kazakh president set a target to draft a technological development program within a five-year industrial program, therefore, we must develop and apply our own technologies instead of importing them. We would like to engage Finish experts in our innovation research programs, as the Finish companies have made a big process in the sphere,” said Minister of Industry and Trade Aset Isekeshev told the press briefing in Astana on Thursday.

Isekeshev urged the Finish companies to expand its investments in Kazakhstan.

Minister for Foreign Trade and Development Paavo Vayrynen said that the strong point of Finland is its expertise in high technologies, which will benefit Kazakhstan more than Finish investments.

Finish investment in Kazakhstan in January-November 2009 reached $2.8 million.

Demand for our products remains sound and our sales contracts for 2010 have been completed. We anticipate producing just over 300 kt of copper cathode equivalent, similar to the target for 2009, and the emphasis will remain on value and profitability rather than volume. We will continue to focus on managing costs and we anticipate making good progress on our growth projects in 2010. I look forward to reporting on these next year.