ASTANA, Kazakhstan, April 24. Kazakhstan and
the Sultanate of Oman have signed an agreement on investment
cooperation worth $3 billion, Trend reports via the press service of the Kazakh
government.
The agreement was reached during discussions between
Kazakhstan’s Prime Minister Olzhas Bektenov and Oman’s Deputy Prime
Minister for Economic Affairs, Theyazin bin Haitham Al Said.
The parties confirmed a joint investment portfolio comprising
five projects, including two already implemented initiatives
totaling $1.1 billion in the energy and railway transport sectors.
The remaining projects, currently under development, focus on
mineral processing and other industrial sectors.
Key areas of cooperation encompass energy, transport and
logistics, mining, metallurgy, agriculture, tourism, digital
technologies, and financial services, with particular emphasis on
oil and gas, renewable energy, and industrial modernization.
The discussions also addressed the expansion of collaboration
along the Middle Corridor transport route, joint initiatives in
agro-processing, technology transfer in agriculture, and long-term
supply agreements for agricultural products.
Furthermore, the parties identified digital cooperation,
including GovTech and artificial intelligence projects, as a
prospective area for growth, while also noting opportunities in
ecotourism, hospitality, and broader service sector
development.
