14.11.2024, 20:09 2081

Mitsubishi Corporation Considering the Possibility of Expanding Activities in Kazakhstan

Mitsubishi Corporation Considering the Possibility of Expanding Activities in Kazakhstan
Images | Kazakh MFA
Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov and Deputy Chairman of the Board of JSC "NC "Kazakh Invest" Madiyar Sultanbek held a meeting with the CEO of Mitsubishi Corporation in Kazakhstan Tetsuya Sugita, press service of the Kazakh MFA reports.

During the talks, Kuantyrov stressed that Kazakhstan’s new investment policy aims to develop high-value-added industries with an emphasis on further exports. In this regard, advanced Japanese technologies can strengthen human and technological capabilities.

During the meeting, representatives of Mitsubishi Corporation presented their corporate strategy 2024, aimed at sustainable development and reducing the carbon footprint. During the meeting, the Kazakh side was presented with such promising projects as the creation of infrastructure for the use of hydrogen technologies and the development of solutions in the field of renewable energy. In this regard, the importance that the company attaches to energy innovations, digital transformation, and high-tech production is fully consistent with Kazakhstan’s goals for developing a low-carbon economy.

The parties discussed key areas for cooperation in sustainable development, including introducing advanced technologies and implementing projects in the energy sector, infrastructure, and industry. Mitsubishi Corporation representatives expressed interest in expanding the company’s presence in Kazakhstan and implementing new initiatives to support the region’s sustainable development. On the sidelines of the C5+Japan business forum, Mitsubishi Corporation signed a Memorandum of Understanding with the Central Asia Climate Foundation and Rakurs Tech LLC.

Following the meeting, the parties agreed to develop cooperation, taking into account the company’s global initiatives in energy and digital transformation.

For reference: Since 1993, Mitsubishi Corporation has opened three representative offices in Kazakhstan. Over the years, the corporation has participated in the implementation of several investment projects: "Rehabilitation of highways in Western Kazakhstan," "Reconstruction and improvement of water supply in Kyzylorda," "Supply of equipment for the repair of railway tracks," etc. According to the head office in Tokyo, the corporation supplied 30 thousand tons of steel pipes with increased corrosion resistance to Tengizchevroil and AktobeMunaiGas companies. As part of its human resource development activities, Mitsubishi Corporation sponsored the opening of several KBTU educational and scientific laboratories equipped with modern equipment.
 

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