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Over 15 meetings with German businessmen were held within the framework of Investment Week in Bavaria

Following the Investment Week in Bavaria, the Kazakhstan delegation chaired by Marat Birimzhan, the Deputy Chairman of the Board of NK Kazakh Invest JSC held more than 15 bilateral meetings with the largest German companies. Meetings with investors were organized with the support of the Embassy of the Republic of Kazakhstan in Germany and NK Kazakh Invest JSC.

At a meeting with Philip Trachtenberg, the Managing Director of the Group of Companies BayWa AG, they were discussed the issues of cooperation in the field of agricultural product processing and construction of large-scale wind stations. BayWa (BayerischeWarenvermittlung) Transnational Company is engaged with equipment manufacturing for agriculture, construction materials, renewable sources of energy. The German company stressed its readiness to develop a concept of cooperation with Kazakhstan and have the first working visit to Astana. The holding is interested in investing in the construction of greenhouses using alternative energy sources.

In the course of negotiations with Markus Bennetberg, the Managing Director of VIETZ GmbH Company, they were discussed the opportunities of closer cooperation in the sector of gas, oil, and water pipeline installation on the territory of the Republic of Kazakhstan using the high-end technologies of the German Company, as well as the prospects for creating a joint venture in Kazakhstan on production of parts for the equipment produced by the German Company. The Parties agreed to continue the dialogue in Astana in the course of the first working visit of the company’s leadership to Kazakhstan in autumn this year. VIETZ GmbH specializes in the production of machines and equipment in the oil and gas and utility sectors as well as welding aggregates.

A meeting with Christian Sharlach, the Manager of the Representative Office in the Middle East and Eastern Europe of Linde AG, a Transnational German Chemical Company, was held too. Linde Group invested in the construction of the largest in CIS air separating plant in Temirtau on the territory of Karagandy Metallurgical Smelter (nowadays ArcelorMittal Temirtau) in 2009. During the meeting, the progress of project implementation in Temirtau was discussed as well as the plans of the company for the further activity in Kazakhstan. 

During the negotiations with Detlef Hudu, the Regional Director of INFINEON Technologies AG Company they were discussed the issues of German industrial enterprises and health care system digitalization technologies transfer to Kazakhstan. The company briefed on its plans to hold a presentation of its products in Astana and participate in investment projects in the sphere of digitalization. It was agreed to organize negotiations between the company management and branch departments of Kazakhstan.

At the meeting with Thomas Shoemann, a member of company management of MAX AICHER GmbH, they were discussed the prospects of cooperation in the sector of steel production, waste processing, construction, designing as well as tourism.  As of now the company holds leading positions in Bavaria relating to rebar production, processing and utilization of old cars and urban waste as well as in the sector of designing and construction of urban and countryside infrastructure. The Kazakhstani party invited the management of the company to visit Kazakhstan to hold the subject negotiations.

The conducted negotiations filled with new content the commercial and economic, investment relations between the two countries and marked new prospects of cooperation for implementation of a number of projects which have certain advantages of the parties.

The parties expressed readiness to continue the dialogue and determine the exact sectors of mutually beneficial cooperation. The visit of delegation of NC Kazakh Invest JSC to Munich contributed to enhancement of economic interaction of Kazakhstan with the Leading Federal Land of Germany of Bavaria.