President of Kazakhstan: Astana and Baku are interested in creating joint ventures

Kazakhstan and Azerbaijan are interested in creating joint ventures.

As reported by BAKU.WS, this was stated by the President of Kazakhstan Kassym-Jomart Tokayev in a press statement with the President of Azerbaijan Ilham Aliyev.

"Both sides expressed interest in creating joint ventures, and there has been significant progress in this matter. For example, the launch of a joint transformer production facility is planned. Construction of residential and infrastructure facilities is underway, and joint projects in shipbuilding are being developed," noted the head of the Kazakhstani state. According to him, the governments of the two countries have been instructed to keep these areas under control and to adopt a plan or roadmap for the development of cooperation in the industrial sphere as soon as possible.