18.05.2009, 16:47 2607

Kingdom Saudi Arabia to offer all facilities for Kazakhstan access of Saudi market

The Kingdom of Saudi Arabia is ready to offer all the necessary facilities to enable Kazakhstan capital and investors to have an access of the Saudi market. Co-chairman of the Saudi party of the intergovernmental commission, chairman of Agency for Investments of the Kingdom of Saudi Arabia, Amr Dabbagh, informed at the Kazakhstan-Saudi business-forum, the agency reports.

Astana. May 18. Kazakhstan Today - The Kingdom of Saudi Arabia is ready to offer all the necessary facilities to enable Kazakhstan capital and investors to have an access of the Saudi market. Co-chairman of the Saudi party of the intergovernmental commission, chairman of Agency for Investments of the Kingdom of Saudi Arabia, Amr Dabbagh, informed at the Kazakhstan-Saudi business-forum, the agency reports.

"The Kingdom of Saudi Arabia is ready to offer all the necessary facilities and services necessary for realization of Kazakhstan capital and investors entry of the Saudi market. We provide competitive investment climate, which includes granting of the right to private property for Kazakhstan investors," A. Dabbagh informed.

According to A. Dabbagh, the areas of perspective cooperation are petrochemical branch, energy, transport, and the projects connected with development of railway network, logistical network, and know-how.

The Arabian partners suggest Kazakhstan investing in joint scientific researches, in particular, in the researches carried out at the University of the King of Saudi Arabia Abdulla.

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