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Kazakh Foreign Minister Promotes Investment Opportunities in Japan During Official Visit

by Ivy

ASTANA – In a bid to strengthen economic ties between Kazakhstan and Japan, Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu met with prominent business leaders in Japan during his official visit to the country. The discussions centered on enhancing collaboration in various sectors, with a particular focus on new investment opportunities in Kazakhstan.

Kazakhstan continues to be one of Japan’s top investment destinations, having attracted over $8 billion in foreign direct investments. The investment is spread across diverse sectors, including digitalization, decarbonization, transportation, and logistics. Nurtleu used the platform to highlight these developments while urging Japan to expand its involvement in emerging sectors of the Kazakh economy. He emphasized Kazakhstan’s ongoing efforts to foster a conducive environment for foreign investments, according to a statement from the Kazakh Foreign Ministry.

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A significant part of the discussions occurred with Akira Terakawa, Vice President of Marubeni Corporation, a major player in Kazakhstan’s business landscape. Both parties exchanged views on Marubeni’s ongoing projects in Kazakhstan, underscoring the company’s role in the Foreign Investment Council under the President of Kazakhstan and the Kazakhstan-Japan Committee on Economic Cooperation. The talks focused on improving Kazakhstan’s investment appeal, with Terakawa playing a key role in strengthening bilateral economic relations.

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In another key meeting, Nurtleu engaged with Nobuhiko Murakami, Chairman of the Board of Toyota Tsusho. The conversation primarily revolved around attracting Japanese investments and introducing innovative technologies, especially in digital infrastructure and energy efficiency. Both sides explored opportunities to collaborate in stabilizing Kazakhstan’s electric grid and advancing digital infrastructure as part of their shared commitment to sustainable growth.

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Amy Komai, Executive Director of Komaihaltec Inc., also briefed Nurtleu on the company’s green energy initiatives in Kazakhstan, particularly under the Joint Crediting Mechanism (JCM). Komai highlighted the upcoming development of an autonomous wind power system in Kazakhstan’s Turkistan Region, marking a significant step towards enhancing the country’s renewable energy capacity.

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Finally, Nurtleu held a detailed discussion with Masahiro Tsutsui, President of Nissin Transport, regarding the potential of the Trans-Caspian International Transport Route, also known as the Middle Corridor. Tsutsui expressed strong interest in leveraging the corridor to improve cargo transportation between Japan and Europe, especially in terms of reducing transit times.

Throughout his visit, Nurtleu reiterated Kazakhstan’s unwavering support for Japanese businesses, emphasizing the country’s commitment to providing a stable and welcoming investment climate for foreign enterprises.

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