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  • Some Japanese companies may appear in Kazakhstan
5 June, 2019 13:17

Some Japanese companies may appear in Kazakhstan

The Kazakh delegation contributed to the 25th international conference on The Future of Asia held in Tokyo, Japan. The delegation composed of ambassadors-at-large Yerlan Khairov and Batyrkhan Kurmanseit and representatives of Kazakh Invest national company held talks with the leading technological companies and organizations of Japan.
Some Japanese companies may appear in Kazakhstan | Strategy2050.kz

The meeting with Toyota Tsusho Corporation discussed the opportunities of cooperation in the agro-industrial complex and the creation of projects with the possibility of future exports of products to Japan. Also, the investors expressed interest in imports of buckwheat from Kazakhstan, which is a popular ingredient of Japanese noodles. Foreign entrepreneurs took interest in the adoption of 5G technologies in Kazakhstan, Kazakh Invest informed.

In addition, the representatives of Kazakh Invest informed the investors of Japanese national oil, gas and metal corporation JOGMEC about the projects in the field of extracting rare earth metals, including nickel and cobalt. On their part, the investors showed interest in implementing uranium and tungsten extraction projects. 

After the talks with Sojitz Corporation, the company with more than 50 years of experience in implementing projects in transport around the world, the investors expressed their intention to carry out a project to manufacture containers and sleepers for railways, as well as the creation of a logistics hub within Kazakhstan. They also were interested in production in the agro and food industries, petrochemistry, projects in IT. 

In addition, during the meeting with JETRO (Japan External Trade Organization – author’s note) agreements to facilitate the investment forum involving Japanese companies in September this year were reached.

The 25th International Conference on The Future of Asia is a yearly economic event held by NIKKEI (Financial Times), which brings together political leaders and prominent businesspeople of Asia. The issues of further regional development, including export, investments and start-up projects’ implementation, were on the agenda of this year’s conference.

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan