SEOUL, February 24 (AJP) - Kazakhstan's President Kassym-Jomart Tokayev recently wrapped up a trip to the United States, focusing on high-level negotiations with global corporations and financial institutions, the Embassy of Kazakhstan in the Republic of Korea said Tuesday. The visit was designed to bring in long-term investment and move Kazakhstan further into international production chains.
A major result of the trip was a 180 million dollar investment deal signed between Kazakhstan's Ministry of Agriculture and Mars, Incorporated. The company intends to build a pet food manufacturing plant in Alatau. Mars CEO Poul Weihrauch noted that the new facility will serve as a hub for the company's growth across Central Asia and nearby regions.
In the healthcare sector, the President held talks with Ashmore Group regarding a plan to build an international clinic. This project is a joint effort between Ashmore Healthcare International and Samruk-Kazyna Invest, with the U.S.-based Mount Sinai Health System expected to manage the facility. This move is part of a larger plan to boost Kazakhstan's medical infrastructure and attract medical tourism.
Aviation also took center stage during the visit. President Tokayev met with Boeing executives to discuss expanding the fleets of Air Astana, SCAT Airlines, and VietJet Qazaqstan. Air Astana is on track to receive Boeing 787 Dreamliner aircraft in the second half of 2026, which would make direct flights between Kazakhstan and the U.S. possible. Meanwhile, SCAT is looking into opening a maintenance and repair center at Shymkent Airport with help from an American partner.
The President also met with Ben Black, CEO of the U.S. International Development Finance Corporation (DFC), who described Kazakhstan as a critical partner in Eurasia. Their talks focused on mining projects and improving the transit infrastructure used for regional trade.
According to the World Investment Report 2025 by UNCTAD, Kazakhstan currently leads Central Asia in attracting foreign direct investment. In 2024, the country's total inward investment reached 151 billion dollars, far ahead of neighbors like Turkmenistan at 45 billion dollars and Uzbekistan at 17 billion dollars.
President Tokayev also attended the first meeting of the Board of Peace in Washington. During the event, he indicated that Kazakhstan is ready to assist with reconstruction and stabilization in Gaza, potentially through financial support or participation in peacekeeping missions.
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