Kazakhstan's High-Tech Export Efforts To Boost Nation's GDP - Ministry
Date
9/13/2024 5:25:29 AM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, September 13. The launch of
high-tech export projects in Kazakhstan can significantly increase
the country's GDP and attract investment in the manufacturing
sector, Trend
reports, referring to the Economy Ministry of Kazakhstan.
It was stated during the meeting of the Kazakh delegation with
the Minister of Finance of Hong Kong Paul Chan Mo-po, Minister of
Commerce and Economic Development of Hong Kong Algernon Yau,
Chairman of the Monetary Authority of Hong Kong Eddie Yue, as well
as with 12 major financial institutions of China and Hong Kong.
In the course of the meeting, which included representatives of
the Development Bank of Kazakhstan, NUH“Baiterek” JSC, and the
“Kazakhstan Investment Development Fund” (KIDF) from the
Kazakhstani side, the possibilities of attracting foreign companies
to create competitive export projects in Kazakhstan were discussed.
The ways of using the expertise and technologies of leading Chinese
and Hong Kong companies for the development of high technologies
and processing of raw materials in Kazakhstan were considered.
The rollout of these initiatives is set to bolster Kazakhstan's
standing as a key player in the processed products arena, while
also cranking up the productivity and tech-savvy nature of the
economy.
The parties will keep the ball rolling in the coming months to
pinpoint specific areas where they can join forces.
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