Sep 20, 2023
Deputy Prime Minister - Minister of Finance of the
Republic of Kazakhstan Yerulan Zhamaubayev held a meeting with the General
Director of the Singapore company "Surbana Jurong Group" Mr. Sean
Chao.
During the meeting they discussed topical issues of cooperation
in such spheres as electric power, renewable energy sources, transportation
infrastructure, water supply.
Yerulan Zhamaubayev noted that in 2022 trade turnover
between the two countries increased by 65.1% compared to 2021 and reached $1.9
billion. There is a steady growth of investment of Singaporean capital in the
economy of Kazakhstan. For the first quarter of 2023 attracted $ 92.2 million.
Less than 20 years from Singapore attracted $ 1.2 billion.
For his part, Sean Chao emphasized that the regions of Kazakhstan and Singapore are linked by many years of close cooperation in various areas. At the same time, there is a significant potential for its expansion.