Kazakh-Dutch business forum held in Hague
The Netherlands highly evaluates the investment climate in Kazakhstan. This was discussed at the event dedicated to the 25th anniversary of Kazakhstan’s Independence in the Royal Industrial Club and Kazakh-Dutch business forum in The Hague. Netherlands has invested more than $67 billion in the Kazakh economy. The trade turnover with this country is more than $5 billion a year. Today thousands of joint ventures with the participation of the Dutch capital are working in Kazakhstan - not only in mining, - but also in other sectors of the economy.
Magzhan ILYASOV, KAZAKH AMBASSADOR TO NETHERLANDS:
The aim of such activities is to draw the attention of the business community of the Netherlands to development in areas such as agriculture, transport and logistics, information technology, innovation. We have already established a fairly serious relationship in the mining, oil and gas sectors. We want them to come, to work in Kazakhstan, establish a joint venture, invest in technology and train local staff so that they are confident that the products they produce in Kazakhstan, will be sold not only in our country but also on the market of the EAEU and China. This is a new stage of our cooperation.
Sean ROONEY, VICE PRESIDENT, ROYAL DUTCH SHELL:
We are very confident in the investment climate in Kazakhstan. And we are looking at more opportunities to grow both of those investments in Kashagan and Karachaganak. They started production from Kashagan. This year has been a great year for Shell in Kazakhstan. Because we celebrate the startup production from Kashagan, which is an enormous resource, great potential for the nation, provide large volume of oil and gas production for many decades to come. So this will be a great year for Shell in Kazakhstan. In addition, of course, the acquisition, combination with British Gas has made Kazakhstan one of the most important countries.
The forum was attended by over a hundred businessmen from both sides of more than 50 companies operating in the agriculture, energy, chemistry, light industry, infrastructure and transport logistics. The Kazakh Institute of Ombudsman for Assistance to Investors was presented to the Dutch businessmen. The forum participants learnt about the work process at10 special economic zones of Kazakhstan, providing ample opportunities for conducting investment projects.
Saparbek TUYAKBAEV, CHAIRMAN, KAZAKH INVESTMENT COMMITTEE:
In addition to deepening the development of the oil and gas industry, we are focused right now on the development of agriculture and food products, because we now have a large market of the EAEU and we are ready to export products to China. Therefore, we need the Dutch partners in the agricultural sector, with whom we are negotiating currently. The Dutch have advanced technologies and great interest in Kazakhstan. It was decided that the next meeting of the Business Council would be held in Kazakhstan in 2017.
Michiel VAN ERKEL, DIRECTOR OF AGRIBUSINESS, DUTCH MINISTRY OF ECONOMIC AFFAIRS:
I think that is the path that Kazakh government is on, it is the right way. Today, in the speeches we talked about the tax benefits and visa regulations, it is exactly what the Dutch entrepreneurs are looking for. In agriculture, we have a great chance not only to sell our products on the Kazakh market, but also to strengthen cooperation, enhance production on the Kazakh territory.
As a result of the business forum, an agreement was signed on further cooperation between Kazakh Chamber of Commerce and the Dutch Confederation of Industry and Employers.