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Astana, Kazakhstan • 27 May, 2024 | 10:17
1 min read

Which Korean Investors Consider Joint Projects in Kazakhstan?

The interested companies include Samsung, Doosan Enerbility, and SK Ecoplant

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Unsplash/Daniel Bernard

Several leading Korean companies are planning joint investment projects in Kazakhstan, focusing on medicine, pharmaceuticals, waste processing, logistics, and geology, QazMonitor reports citing the Ministry of Foreign Affairs.

What happened: On May 24, Deputy Minister of Foreign Affairs Nazira Nurbayeva met in Seoul with Chung Byung-won, South Korea's Deputy Minister for Political Affairs, to discuss upcoming events and improve trade and economic cooperation.

Kazakh officials also met with executives from the following major Korean companies:

  • Samsung Electronics, a major appliance and consumer electronics corporation

  • Samsung C&T, a construction and engineering company

  • Samsung Medison, a manufacturer of diagnostic ultrasound systems

  • Doosan Enerbility, an energy corporation

  • Ecovice, a logistics company

  • SK Ecoplant, a sustainable energy and management firm

  • The Korea Institute of Geoscience and Mineral Resources (KIGAM)

  • GL Rapha, a biopharmaceutical manufacturer

  • LS Networks, a consumer goods company

  • Ionia EnC, a sustainable health appliances manufacturer

During the negotiations, the Korean investors were informed about the investment climate in Kazakhstan. Plans for joint projects in medicine, pharmaceuticals, waste processing, logistics, and geology were a key discussion point during these negotiations.

Ministry of Foreign Affairs
Ministry of Foreign Affairs
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