Thirty-two commercial documents were signed on the sidelines of the business forum. The signed agreements are aimed at developing and deepening Kazakh-Pakistani cooperation in finance, logistics, industry, energy, agro-industrial complex, digital services, and infrastructure.

The largest industrial agreement signed during the visit was a contract between Kazakhstan's Falcon EuroBus LLP and Pakistan's QCC International for the supply of domestically produced electric buses to Pakistan, valued at $108 million. This document is of strategic importance for promoting Kazakhstan's mechanical engineering and strengthening the "Made in Kazakhstan" brand in international markets, opening up additional opportunities for expanding the export portfolio and further localizing high-tech products.

A significant set of agreements focused on launching joint investment mechanisms and developing a financial infrastructure for cooperation. Specifically, Samruk-Kazyna JSC and the Fauji Group of Companies agreed to create a joint investment platform for the selection and implementation of projects in Kazakhstan and Pakistan. JSC Baiterek Research Holding is expanding its partnership opportunities in project and trade finance through collaboration with Habib Bank Limited, and in the transport and logistics segment through cooperation with TCS Private Limited.

Furthermore, Freedom Holding Corp. and JSC Freedom Bank Kazakhstan signed a number of agreements with their Pakistani partners. Specifically, an agreement was signed with Meezan Bank Limited to develop correspondent relations and international settlements worth USD 20 million, as well as agreements aimed at developing cross-border financial and digital services.

A significant number of agreements relate to the transport and logistics sector. For example, JSC NC Kazakhstan Temir Zholy and National Logistics Corporation agreed to cooperate in multimodal transportation and transit. JSC Kazposhta signed memorandums with Pakistan Post and TCS Private Limited, providing for the development of postal and logistics infrastructure and the implementation of digital solutions. Furthermore, the Aktau International Sea Trade Port and the Port of Karachi reached agreements on developing port logistics and expanding cooperation.

Also, in the industrial sector, agreements were reached to establish a joint venture for sugar production in the Zhetysu region between KazFoodProducts and Almoiz Group with an investment of $20 million, and a memorandum was signed between Kusto Group and QazTrade to develop construction materials production worth $20 million.

In the chemical and processing industries, agreements were signed between BARK Qazaqstan LLP and relevant Pakistani entities, as well as a memorandum on the launch of chemical production in the Kyzylorda region between NorSon Chemical Industries and the Baikonur Agricultural Production Cooperative.

A separate set of agreements covers digital services, IT, and telecommunications. Astana Hub and IGNITE Pakistan signed a memorandum of cooperation on developing startup ecosystems, while QazCode and Jazz Pakistan agreed to collaborate in the telecommunications sector.

Additional agreements were signed on digital solutions and artificial intelligence, as well as on the integration of payment services.
In the educational and medical fields, memorandums were signed between Astana Medical University and Maroof International Hospital, as well as agreements between iTech KZ and Gift University, aimed at expanding cooperation.

In the space industry, Kazakhstan Gharysh Sapary JSC and SUPARCO agreed on scientific and technical cooperation and the exchange of satellite data.

Additionally, agreements were signed in the field of Islamic finance between Otbasy Bank and Meezan Bank Limited, as well as memorandums aimed at developing the agro-industrial complex and strengthening business ties between trade and industrial organizations of the two countries.

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1155035?lang=kk