BAKU, Azerbaijan, September 24. Container
shipments via the Middle Corridor are set to increase further,
Marat Birimzhan, Head of the Representative Office in the United
States at Kazakh Invest, said.
He made the remarks during the seventh annual Caspian Business
Forum held by the Caspian Policy Center (CPC) in New York.
Marat Birimzhan highlighted Kazakhstan’s growing role in the
Middle Corridor and the investment opportunities emerging across
critical minerals, manufacturing, transport, and other sectors.
“For the last seven years, the traffic, or container shipments,
of the Middle Corridor has increased by five times, and it is set
to increase even further,” Birimzhan said.
Birimzhan also pointed to expanding commercial ties between
Kazakhstan and the United States, noting that American and Kazakh
companies signed $17 billion in deals at the end of last year
across sectors including manufacturing, agribusiness,
petrochemicals, critical minerals, transport, and logistics.
He noted that attracting further investment will require making
projects easier for international investors to finance.
At Kazakh Invest, we are working with American companies
day-by-day, project to project, hopefully to help them improve risk
and increase the bankability of projects, but most of all, to bring
clarity on what kinds of specific investment opportunities are
available for investors and ways to implement them. If we increase
bankability and de-risk those projects, I’m sure we will see even
more projects that are signed and deals being made between our
countries and region,” Birimzhan said.