Major road projects in Kazakhstan discussed with UAE developer

Following the visit to UAE of Kazakhstan’s head of state, President Tokayev, The Prime Minister of the world’s 9^th largest country, Alikhan Smailov, met the CEO of ABG Group, Khaled Mohammed Al Badie, for promoting the construction of highways across Kazakhstan

The Prime Minister of Kazakhstan, Alikhan Smailov, held a meeting with the CEO of Al Badie Group for Trading and Investment (ABG), Khaled Mohammed Al Badie, which addressed issues of cooperation in the construction of arterial roads across the world’s 9^th largest country. At the end of the meeting, the Prime Minister emphasized that the company’s proposals will be carefully considered and processed by the relevant Kazakh government agencies.

ABG company of the United Arab Emirates expressed its intention to finance and implement major road projects in Kazakhstan, including the modernization of a number of highways of national importance. The Group enjoys credible operations in varied fields, including Infrastructure and Property Development, Water and Electricity, Oil and Gas, Defence Projects, IT, Marine, Auto Leasing and Rental, Hospitality, Travel and Tourism, Manufacturing, Insurance, and Health Care.

The Prime Minister said that currently there is a growing interest of Arab investors in Kazakhstan, which was facilitated by the recent visit of the Head of State, President Kassym-Jomart Tokayev, to the UAE. Tokayev met the UAE President, Sheikh Mohamed bin Zayed Al Nahyan, on May 16^th this year. “We highly appreciate every proposal of our foreign partners and remain committed to all our obligations to protect investments and ensure a favorable business climate,” Alikhan Smailov noted. 

In turn, Khaled Mohammed Al Badie noted that ABG has experience in the successful implementations of large infrastructure projects in many countries. “Active interaction of our heads of states as well as high dynamics in bilateral relations, in general, led us to visit Kazakhstan. We are interested in investing in road projects, so we want to work closely with the government of your country”, said Khaled Mohammed Al Badie. 

References:

https://www.inform.kz/en/uae-company-to-realize-road-projects-in-kazakhstan_a3965713

https://primeminister.kz/en/news/realizaciyu-krupnyh-avtodorozhnyh-proektov-v-kazahstane-obsudil-alihan-smailov-s-glavoy-kompanii-abg-1171638

Photos’ Credit: PM Office Kz