ASTANA, Kazakhstan, April 21. Madiyar Sultanbek, Deputy Chairman of the Board of JSC "NC "Kazakh Invest," held a meeting with representatives of the Singapore Business Federation (SBF) and companies that arrived in Kazakhstan as part of the Overseas Market Workshop program, Trend reports.
The delegation consists of more than 20 companies from sectors such as engineering and smart cities, biotechnology, education, logistics, telecom, fintech, and clean technologies.
"Among the participants are Kingsmen Exhibits, which is implementing the Children's Science Center project in Almaty, the biotechnology company Esco Lifesciences, the environmental solutions developer Speco Singapore, the cold logistics provider Jurong Cold Store, as well as educational tech companies Smartli, I Can Read, and The Global Citizen Education Group," the Kazakh Invest statement says.
Moreover, the meeting discussed investment opportunities in Kazakhstan, localizing production, creating joint ventures, and entering the Central Asian markets. The Kazakh side presented state support measures, tax incentives, and readiness to assist investors through the "one-stop shop" principle.
In the course of the meeting, Madiyar Sultanbek emphasized that Kazakhstan is interested in sustainable and long-term partnerships, especially with technologically advanced countries like Singapore. He highlighted that current initiatives open up broad opportunities for integrating modern solutions into the development of urban and social infrastructure.
"For us, it is important not only to attract capital but also to build systematic partnerships with global players. Singaporean companies possess high technological expertise and mature export strategies, which can be successfully adapted to Kazakhstan's conditions. Kazakhstan is interested in partners who are ready not just to enter the market, but to create a sustainable industrial and innovation base here," he stressed.
As part of the delegation's visit, meetings are scheduled in Astana and Almaty with government agencies, relevant ministries, business associations, as well as visits to industrial sites and educational institutions.
The Singapore Business Federation (SBF) is the apex business chamber in Singapore, representing over 32,000 companies and key local and foreign business chambers. Established on April 1, 2002, as the successor to the Singapore Federation of Chambers of Commerce and Industry, SBF serves as a bridge between the business community and the government, advocating for policies that foster a conducive business environment.
