The Qatar-Kazakh Chamber of Commerce and Industry (QKCCI) and Kent have signed a groundbreaking Memorandum of Understanding (MoU) aimed at fostering industrial development and enhancing bilateral trade relations between Qatar and Kazakhstan. This partnership underscores the shared commitment of QKCCI and Kent to promote economic growth, facilitate knowledge exchange, and build stronger ties between the two nations.
Commenting on the MoU, Aidos Koldassov, General Director of QKCCI, said, " The MoU underscores the importance of collaboration in today’s global economy. By joining forces with Kent, we aim to create a platform for Kazakh and Qatari businesses to thrive and contribute to the broader economic relationship between our nations."
Shane Kelly, Country Director for Qatar at Kent, added, "This partnership represents a unique opportunity to strengthen ties between Qatar and Kazakhstan while advancing industrial development in both countries. At Kent, we are committed to supporting businesses in achieving sustainable growth across borders."
The MoU establishes a framework for collaboration in industrial development, focusing on capacity building, resource exchange, and fostering mutual business growth in key sectors. As a leader in engineering and technical services, Kent will utilize its expertise to support Kazakhstani businesses in gaining greater access to the Qatari market and establishing impactful partnerships.
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Under the agreement, both parties will work together on joint initiatives to enhance industrial cooperation and promote knowledge-sharing. Specific project funding will be determined through supplementary agreements, ensuring flexibility and mutual benefit. This MoU is valid for an initial period of two years, with the possibility of renewal upon mutual agreement.