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Kazakhstan seeks investments from Gujarat ahead of PM’s Central Asia trip

New Delhi: Central Asia’s biggest and resource rich state Kazakhstan is keen to explore trade and investment opportunities in Narendra Modi’s home state of Gujarat ahead of PM’s visit to Kyrgyzstan for SCO Summit.

A Kazakh-Indian Investment Forum was held on June 7 in Ahmedabad to attract investments.

The event was organized by the Embassy of Kazakhstan in India with the support of the Honorary Consulate of Kazakhstan in the state of Gujarat, the National Company "Kazakh Invest" and Jain International Trade Organization.

The forum was attended by the leaders of more than 30 Indian companies.

The Honorary Consul of the Republic of Kazakhstan in the state of Gujarat Dilip Chandan shared his views on the prospects of cooperation between the two countries and informed about the growth dynamics of bilateral trade cooperation.

Aigul Nuralina, Director of the “Kazakh Invest” regional representative office, which recently opened in Delhi and spoke about the investment climate in Kazakhstan and the prospects for the implementation of business projects in the country.

Forum participants were provided with detailed information on business opportunities in Kazakhstan, conditions, state support and competitive advantages for attracting foreign investments. She underlined a number of priority investment projects and encouraged Indian companies to take an active part in the implementation of investment projects in Kazakhstan.

A number of preliminary agreements were reached during the B2B meetings.