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The mission, scheduled to tour Kazakhstan from the 5th to 7th of September, will specifically look at enabling businesses in the UAE and Kazakhstan to market their export capabilities by taking advantage of the ongoing economic diversification and growth in both countries.
The mission, scheduled to tour Kazakhstan from the 5th to 7th of September, will specifically look at enabling businesses in the UAE and Kazakhstan to market their export capabilities by taking advantage of the ongoing economic diversification and growth in both countries.The largest among the former Soviet republics after Russia and the ninth largest country in the world, Kazakhstan is blessed with vast farmlands as well as abundant hydrocarbons and mineral wealth. A successful transition to free market and progressive economic and social reforms have seen the country growing at seven per cent annually.
Kazakhstan was also the first of the former Soviet republics to receive an investment-grade credit rating in 2002. The country has since attracted $118bn in accumulated foreign investment, with an economic policy emphasising diversification into non-oil sectors.
The Dubai Exports Trade Mission will seek to introduce UAE businesses to sectors that show a strong appetite for imported products and expertise in Kazakhstan.
"We strongly believe that our firms can make considerable inroads in a country such as Kazakhstan, which offers huge opportunities in a host of areas, from oil and gas extraction to food processing and packaging," said Engineer Saed Al Awadi, CEO of Dubai Exports.
The mission, organised in co-operation with the Consulate General of Kazakhstan in Dubai, will tour the key Kazakh cities of Almaty and Astana. The mission is also due to coincide with Kazbuild, the largest exhibition for the thriving construction sector in Kazakhstan where modernisation is driving demand for state-of-the-art machinery and processes.
"UAE based companies can meet the huge demand in the construction sector in Kazakhstan as they have a proven track record and world-class products as well services. Over the last few years, UAE firms have invested heavily in acquiring advanced technology and processes and they are now ideally placed to capitalise on their strengths," added Al Awadi.
Participants in the delegation will also get the opportunity to evaluate export potentials for innovative and high quality services and technology in other fast-growing service sectors such as healthcare and pharmaceuticals in Kazakhstan. Kazakhstan has made it a top priority to create an efficient public healthcare network focusing on prevention, rehabilitation, training of medical personnel and development of the pharmaceutical industry.
In 2010 Kazakhstan spent approximately $2.75bn on healthcare and by 2014, 50% of the medicines required in the country will be manufactured locally. The planned modernisation of pharmaceutical facilities to meet this target is a valuable opportunity for UAE-based companies to partner with investors and producers in Kazakhstan.
The Dubai Exports mission will meadidas
The Dubai Exports Trade Mission will seek to introduce UAE businesses to sectors that show a strong appetite for imported products and expertise in Kazakhstan.
"We strongly believe that our firms can make considerable inroads in a country such as Kazakhstan, which offers huge opportunities in a host of areas, from oil and gas extraction to food processing and packaging," said Engineer Saed Al Awadi, CEO of Dubai Exports.
The mission, organised in co-operation with the Consulate General of Kazakhstan in Dubai, will tour the key Kazakh cities of Almaty and Astana. The mission is also due to coincide with Kazbuild, the largest exhibition for the thriving construction sector in Kazakhstan where modernisation is driving demand for state-of-the-art machinery and processes.
"UAE based companies can meet the huge demand in the construction sector in Kazakhstan as they have a proven track record and world-class products as well services. Over the last few years, UAE firms have invested heavily in acquiring advanced technology and processes and they are now ideally placed to capitalise on their strengths," added Al Awadi.
Participants in the delegation will also get the opportunity to evaluate export potentials for innovative and high quality services and technology in other fast-growing service sectors such as healthcare and pharmaceuticals in Kazakhstan. Kazakhstan has made it a top priority to create an efficient public healthcare network focusing on prevention, rehabilitation, training of medical personnel and development of the pharmaceutical industry.
In 2010 Kazakhstan spent approximately $2.75bn on healthcare and by 2014, 50% of the medicines required in the country will be manufactured locally. The planned modernisation of pharmaceutical facilities to meet this target is a valuable opportunity for UAE-based companies to partner with investors and producers in Kazakhstan.
The Dubai Exports mission will meadidas