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Baiterek Holding participates in Kazakhstan-Singapore Business Forum

Baiterek Holding participates in Kazakhstan-Singapore Business Forum

     During President Kassym-Jomart Tokayev's state visit to Singapore, Baiterek National Management Holding participated in the Kazakhstan-Singapore Business Forum. The event served as a platform for discussions aimed at bolstering economic ties between the two nations.

     In his address, Chairman of the Board of Baiterek Holding, Rustam Karagoishin, underscored the strategic significance of deepening cooperation in pivotal sectors such as investment, finance, and innovation.

     "Kazakhstan and Singapore maintain robust and diverse relations, fostered by collaborative efforts in the economic realm and regular political dialogues. These engagements contribute to the sustainable growth of trade volumes and investment activities," stated Rustam Karagoishin.

     Karagoishin also affirmed Baiterek Holding's readiness to serve as a strategic partner for Singaporean firms keen on executing projects in Kazakhstan. Emphasis was placed on opportunities for collaboration in financial technology, green energy, and the agricultural sector.

     The forum deliberated on enhancing bilateral economic relations and explored avenues for establishing joint ventures and fostering direct investments.

     Moreover, the holding chairman engaged in several bilateral meetings with prominent business leaders in Singapore, including representatives from Surbana Jurong, Sovico, Indorama, and Temasek Holdings.

     It's noteworthy that during this business forum, Baiterek Holding, through its subsidiary Qazaqstan Investment Corporation, will sign an investment agreement with Singaporean company Forebright Capital Asia Private Limited.

     Reference Information:

     Temasek Holdings is Asia's largest state-owned investment enterprise, headquartered in Singapore. It boasts 12 representative offices across Asia, Europe, North and Latin America, including Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, London, Brussels, Paris, New York, San Francisco, Washington, and Mexico City. The Ministry of Finance of Singapore is the sole shareholder of Temasek.

     Surbana Jurong Private Limited, a member of Temasek Holdings, is a Singaporean state-owned entity renowned for its expertise in master planning and the comprehensive development of cities throughout their lifecycle, particularly in the domains of infrastructure and urban planning.

     Sovico Group, among Vietnam's largest diversified private conglomerates, operates across multiple sectors including energy, construction, banking, finance, aviation, real estate, renewable energy, innovation, and digitalization. The group maintains a strong focus on sustainable development, evident in its strategic business planning methodologies.

     Indorama Corporation, headquartered in Singapore, stands as a leading chemical conglomerate in Asia. With over 136 production facilities spanning 32 countries, the corporation specializes in the production of nitrogen and phosphate fertilizers, polyethylene, polypropylene, polyester, textiles, cotton fiber, and medical gloves.

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