The Kazakh Ambassador highlighted steady annual growth of 5–6%, with GDP surpassing USD 300 billion, strengthening Kazakhstan’s role as one of the leading regional economies.
Particular attention was paid to Alatau City, a flagship urban development initiative designed as a digital next-generation city, which has already attracted investors from Asia and the U.S. Kazakhstan is seeking Gulf participation, including Kuwaiti businesses, in real estate, construction, and modern infrastructure.
As stated there, Deputy Prime Minister Kanat Bozumbayev will visit Kuwait this autumn to present detailed investment opportunities in Alatau City.
In his turn, the Vice Chairman of the Board and Group CEO of the National Bank of Kuwait expressed the bank’s readiness to expand cooperation and explore participation in Kazakhstan’s projects.
Founded in 1952, NBK is Kuwait’s largest bank, with assets exceeding USD 140 billion and operations in 13 countries. It finances major projects in energy, oil and gas, infrastructure, and real estate across the Middle East, North Africa, and Europe.
As written before, Ambassador of the Republic of Kazakhstan to the Kingdom of Saudi Arabia, Madiyar Menilbekov, on Tuesday held talks with the Secretary-General of the Digital Cooperation Organization, Deemah Al Yahya.