NUR-SULTAN, Kazakhstan – As part of his official visit to Berlin, Kazakh President Kassym-Zhomart Tokayev held a series of meetings with representatives of German business to boost bilateral investments, the presidential press service, Akorda, reported on 6 December.

“The Kazakh president discussed with the chairman of the supervisory board of the CLAAS Group, Katrina Klaas-Mühlheiser, the implementation of joint investment projects,” Akorda said.

CLAAS Group is represented in Kazakhstan by the distribution network CT Agro, which implements agricultural machinery and provides its after-sales service. “Our strategy is to diversify the investments that come from many countries. We want to make Germany the main strategic partner in terms of investment,” Tokayev said.

Klaas-Mühlhauser expressed satisfaction that Kazakhstan intends to develop cooperation not only with large, but also with medium-sized companies.

Linde AG Executive Vice President Christian Bruch informed Tokayev about the company’s activities in Kazakhstan and plans for the coming period. Bruch said that his company in 2013 launched the production of technical gas on the basis of Arcelor Mittal Temirtau, investing about €95 million in this project.

“Today Linde is implementing the second phase of the project and intends to invest another 80 million euros,” he added.

In addition, German businessmen are negotiating with KazMunayGas on the construction of a gas processing plant in the city of Zhanaozen in the Mangistau region. The prospects for mutual cooperation were examined at a meeting with Schaeffler Group CEO Klaus Rosenfeld. The head of the company, specialising in the production of components for the  industry, industry and astronautics, told the President of Kazakhstan about its production and investment opportunities.

Siemens Healthineers Director General Bernd Montag presented to Tokayev a project for the construction of an oncology center based on the principles of public-private partnership. Germany is a key European partner of Kazakhstan. 86% of Germany’s trade with Central Asia falls on Kazakhstan. A package of agreements and a memorandum was signed during the visit for approximately $2 billion.