Alkhorayef discusses developing investment partnerships with Kazakh PM

ASTANA —Kazakhstan’s Prime Minister Olzhas Bektenov met with Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef in Astana on Wednesday. During the meeting, they discussed ways to enhance economic cooperation between the two countries and opportunities to develop investment partnerships in the industrial and mining sectors. The meeting highlighted the growing fraternal and economic relations between Saudi Arabia and Kazakhstan and emphasized the importance of expanding bilateral trade and enabling the private sector to capitalize on opportunities in priority industrial sectors in support of the economic diversification goals of the two friendly countries. The meeting also reviewed opportunities for cooperation in the mining sector and discussed mechanisms to strengthen Saudi-Kazakh partnerships in strategic minerals. These efforts contribute to developing mining value chains and enhancing the utilization of mineral resources to achieve sustainable industrial development. The meeting was held as part of Alkhorayef’s official visit to Kazakhstan, which aims to strengthen economic relations between the two countries and expand cooperation in the industrial and mining sectors.