New production facilities, investment, and modern technologies. The development of Alatau City, a new technology city, is creating opportunities for cooperation with German businesses. Promising areas include industry, mechanical engineering, healthcare and the digital economy. Regular contacts between the two countries at the government and business levels, as well as joint economic platforms, play an important role in strengthening bilateral business ties. This view was shared by Ullrich Kinne, Deputy Head of Mission at the Embassy of the Federal Republic of Germany in Kazakhstan.
«Kazakhstan is a rapidly growing economy, it’s becoming more and more important strategically for Germany and for the whole world, I would say, in this era of diversification, where Kazakhstan could become a very important diversification partner. German companies like Knauf, for example, who have committed that they will expand their presence in Kazakhstan further. They are already producing in Kazakhstan like many other German companies, they very actively participate in localization here. Alatau gives the opportunity not only for Knauf but for many companies to expand their presence in Kazakhstan further,» noted Ullrich Kinne, Deputy Head of Mission, the Embassy of the Federal Republic of Germany in Kazakhstan.
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