Samruk-Kazyna became a co-organizer of the Kazakh - South Korean business round table, with President Kassym-Jomart Tokayev with his South Korean counterpart President Moon Jae-in.

Addressing the roundtable, President Tokayev told about the plans to implement 16 perspective investment projects to the tune of over $1.5 bln in machine-building, housing construction, metallurgy, and agriculture.

Kassym-Jomart Tokayev noted: «Technology-intensive production in manufacturing as well as Industry 4.0. technologies are of strategic interest to the country,» he said, noting that South Korea is a recognized world leader in economy digitalization and a pioneer in 5G network development.

The President stressed the importance of developing Kazakh – South Korean cooperation in mining, exploration, alternative and renewable sources of energy, nuclear fuel production, and others.

The Kazakh-South Korean round table was moderated by Chairman of the Korea International Trade Association Christopher Koo. Speakers of the round table were the CEO of Samruk-Kazyna, Korean Trade, Industry, and Energy Minister, and also the heads of Samsung Electronics, Doosan Heavy Industries&Construction, Hyundai Engineering & Construction, Dongil Construction, Lotte Confectionery, BC Card, Seegene Medical Foundation, Korea Health Industry Development Institute (KHIDI), Dongkwang Trading Corporation и Kolon World Investment.

Samruk-Kazyna CEO briefed the meetings on successful cooperation projects. 

In particular, the Korean partners contributed to National Electric Grid modernization, constructed small hydroelectric power and transmission lines, participated in the infrastructure construction of Petrochemical Technopark in the Atyrau region.

The Fund’s Management highlighted the following priority areas for future investment cooperation:

- Mining and metallurgy investment projects - exploration, extraction, and processing of mineral resources;

- Partnerships in high-tech sector - telecommunications, technologies of the last generation last-generation communication technologies and web-based platforms;

- Projects related to sustainable development, energy transformation, occupational safety, and industrial digitization;

- Participation of South Korean companies as strategic investors in the privatization of Fund assets 

 The highlight of the meeting was the signing of 34 agreements worth $1.7 bln, including 21 commercial documents and 13 non-commercial ones. Participants had agreed to implement joint investment projects, which provide for the transfer of Korean technology based on high efficiency and environmentally friendly production.