Astana Business Forum strengthens ties between Central Asia and Japan

Astana, the capital of Kazakhstan, was the site of a significant business forum on August 9, which was part of the “Central Asia + Japan” dialogue. This event attracted over 450 representatives from Central Asian nations and Japan, who gathered to explore ways to enhance economic relations and expand cooperation across various sectors, including digitalisation, transport, logistics, agriculture, and heavy industry.

The forum was marked by the signing of more than 30 bilateral agreements involving companies and organisations from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Japan. These agreements focused on collaborative projects in infrastructure, science, technology, and other key sectors. Among the notable agreements between Kazakhstan and Japan was a significant financial commitment by the Japan Bank for International Cooperation, which, in partnership with the JSC Development Bank of Kazakhstan, agreed to invest $200 million in joint ventures in energy, infrastructure, machine engineering, and the food industry.

Additionally, Kazakh Invest and Japan’s Fitech company agreed to collaborate on producing fire-resistant materials in Kazakhstan, with plans to export these products to international markets. In another development, JSC KazIOR and FUJIFILM signed a memorandum to advance mobile medical complexes for radiology, mammography, and endoscopy. Also, LLP Kazakhmys Corporation, LLP Eurasian Machinery, and Hitachi Construction Machinery formed a partnership to develop a new mining project.

Kazakhstan’s Prime Minister, Olzhas Bektenov, addressed the forum, highlighting the importance of cooperation between Central Asia and Japan in transferring advanced technologies and producing high-value-added products. He discussed the potential for establishing joint innovation clusters, technology parks, and incubators. Furthermore, Bektenov encouraged deeper collaboration in developing rare earth metal deposits and implementing joint projects in the transport and logistics sector, noting the vast opportunities that Central Asia’s transit potential offers for Japanese trade.

JPMorgan Japan Small Cap Growth & Income (LONJSGI), targets Japan income without compromising on Japanese growth opportunities. This Japan income investing opportunity gives investors access to a diverse and fast growing sector managed by local managers.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
JPMorgan Japan Small Cap Growth & Income

More articles like this

JPMorgan Japan Small Cap Growth & Income

Business sentiment remains positive among Japanese firms

A recent government survey reveals that major Japanese companies continue to maintain a positive outlook for the second consecutive quarter. This trend is largely driven by growing demand in the semiconductor and service sectors. For the

JPMorgan Japan Small Cap Growth & Income

Nikkei breaks losing streak as tech stocks drive gains

Japan’s Nikkei share average ended a five-day losing streak, closing slightly higher by 0.08% at 36,244.22 points, with technology stocks leading the recovery. The market was boosted by investors seeking bargains after recent declines, which also

JPMorgan Japan Small Cap Growth & Income

Japanese stocks achieve largest weekly gain in four years

Japanese stocks experienced their most significant weekly gain in over four years as the country’s benchmark indexes continued to recover from the recent market downturn, with strong performances from electronics manufacturers and banks. The Nikkei 225

JPMorgan Japan Small Cap Growth & Income

Nikkei sees modest gains amid chip and shipping stock rally

Japan’s Nikkei share average rebounded 0.2% to close at 39,676.34, recovering from a three-week low after previously dipping to 39,519.39 on Monday. The broader Topix index also showed gains, adding 0.4%. The rebound was largely driven

JPMorgan Japan Small Cap Growth & Income

Japan’s Topix stock index reaches 34-year high

Japan’s Topix stock index soared to a 34-year high, closing at 2,816.51, with tech stocks driving the gains despite looming global economic concerns. The Topix index’s rise to 2,821.86 earlier in the day marks its highest

JPMorgan Japan Small Cap Growth & Income

Nikkei share average rises amid market uncertainties

Japan’s Nikkei share average increased by 1.05% to 38,504.11 by midday, recovering from a 1.8% drop in the previous session. The Topix index also saw a rise, gaining 0.74% to reach 2,719.92. This rebound followed a