Kazakhstan Eyes Enhanced Economic Ties With Hungary, Highlights Joint Projects
Date
11/20/2024 7:12:43 PM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, November 21. Since 2005,
Kazakhstan has attracted $370 million in Hungarian investments,
President Kassym-Jomart Tokayev announced at a joint press
conference with Hungarian Prime Minister Viktor Orbán in Budapest,
Trend reports.
"Hungarian companies are increasingly interested in investment
opportunities in Kazakhstan. Today, I met with leaders from major
Hungarian firms, including MOL, OTP Group, and Gedeon Richter. We
also signed an agreement with UBM Holding to build three feed
production plants worth $62 million. Strengthening economic ties is
essential in today's world," the president said.
He emphasized that Kazakhstan and Hungary have significant
potential to collaborate in areas such as rare metals mining and
processing, water resource management, and agriculture.
"Our priorities include diversifying trade, attracting
cutting-edge technologies, and deepening partnerships in energy,
digitalization, and transport. These steps will open new avenues
for cooperation. The Kazakh-Hungarian Intergovernmental Commission
and Strategic Council are already playing a vital role in enhancing
trade, economic, and investment ties," Tokayev added.
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