Within the framework of the 3rd Joint Business Council, Astana hosted the Kazakh-Dutch Business Forum, attended by officials from both countries – Yerlan Khairov, Vice Minister of Investment and Development of the Republic of Kazakhstan and Henk Kamp, Minister of Economic Affairs of the Kingdom of the Netherlands. As well, Daniyar Berlibaiyev, Co-chairman of the Joint Business Council on the Kazakh side, Executive Vice-President of the National Company KazMunayGas JSC and Sean Rooney, Co-chairman of the Joint Business Council on the Dutch side, VP Government Relations, Royal Dutch Shell, were present at the event.
The Kingdom of the Netherlands is one of the major investors in the economy of Kazakhstan, the total amount of investments in the country exceeding 70 billion USD.
Besides developing the necessary business environment for cooperation, the regular Business Forum also provided an excellent opportunity for exhibiting joint Kazakhstan and Netherlands projects that managed to show positive results and made their contribution in increasing the bilateral cooperation. The activity and achievements of the foreign KazMunayGas subsidiary – KMG International group of companies – represented one of the main examples of such successful cooperation.
During the Business Forum, CEO KMG International Zhanat Tussupbekov and Executive Vice-President KazMunayGas Daniyar Berlibaiyev were awarded the Kazakhstan / Netherland 25 Years of Cooperation Medal.
“The national oil and gas company conducts its international operations just through Holland and by means of its subsidiary KMG International carries out its investments in Europe”, declared Daniyar Berlibaiyev.
KMG International N.V., a 100% subsidiary of National Company KazMunayGas JSC, is officially registered in Netherlands and carries out its operations in oil and gas in 12 countries.