Kazakh Vice Minister of National Economy Bauyrzhan Kudaibergenov emphasised that the Kazakh economy, which is still heavily dependent on export revenues from oil and metals, needs to be diversified and decarbonised in the medium term. The expansion of the manufacturing industry will create new economic pillars. Gerlind Heckmann, Deputy Director-General for Promotion and Financing of Foreign Trade and Investment; Ukraine – Eastern Europe, Caucasus, Central Asia at the Federal Ministry for Economic Affairs and Climate Action, said: “It is gratifying that our Partnering in Business with Germany programme supports German SMEs as they seek to find partners for cooperation and gain a foothold in the Kazakh market, while at the same time making a concrete contribution to the Kazakh government’s goals of diversifying, modernising and internationalising the country’s economy.”
Thanks to Partnering in Business with Germany, many successful partnerships have been established over the last 15 years. The aim is to build on this further. A positive development can be observed, and has especially been the case among the participating companies during the last two years.