Turkey, Kazakhstan to establish organized industrial zone

After Erdogan's and several other people's speeches, the two countries signed various agreements.

Turkey, Kazakhstan to establish organized industrial zone

World Bulletin / News Desk

Turkey's prime minister said on Wednesday that Turkey and Kazakhstan would establish an organized industrial zone.

Premier Recep Tayyip Erdogan said that concerned Turkish and Kazakh ministers held talks.

"We will sign an agreement to establish a huge organized industrial zone in Kazakhstan," Erdogan told Kazakh-Turkish Business Forum in Astana, Kazakhstan.

Erdogan said they had agreed on a seven-point action plan, and expressed belief that the business forum would have a different future perspective with that plan.

Premier Erdogan said that they would sign a road map for the future and launch a new cooperation process with new synergy joint economic program.

Erdogan said Turkey and Kazakhstan aimed to raise their trade volume to 10 billion USD from 3 billion USD in a few years, and noted that Turkish investments had reached 2.5 billion USD in Kazakhstan.

Projects Turkish contractors had undertaken in Kazakhstan had totalled 20 billion USD so far, Erdogan said.

Erdogan underlined importance of undertaking giant power plant, dam, highway, railway, dockyard, port and bridge construction projects, establishing logistic centers and boosting economic relations with Kazakhstan.

The prime minister said the Baku-Tbilisi-Kars railway would probably be operational in 2013, and Marmaray project would also end by 2013.

"Thus, there will be a railway from London to China," Erdogan said.

Erdogan said Turkey and Kazakhstan should raise flights, and Turkey was ready to share its tourism experiences with Kazakhstan.

Premier Erdogan said Turkey would be pleased to see Kazakh businessmen and investors in its territories, and noted that he wanted Kazakh
businessmen to make best use of a comprehensive incentive package Turkey had implement in previous months.

After Erdogan's and several other people's speeches, the two countries signed various agreements.

 

Güncelleme Tarihi: 23 Mayıs 2012, 16:02

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