Kazakhstan and Malaysia signed documents for $350 million

Astana. May 17. KazTAG - Kazakhstan and Malaysia signed agreements and memorandums amounting to more than $350 million, - informed the government press service.

“Cooperation is planned in attracting investments in the field of Islamic finance and trade development, as well as the food industry, mining, gold processing and joint production of transformer and automobile oil,” the statement said on Friday.

The head of the government of Kazakhstan, Olzhas Bektenov, and the Prime Minister of Malaysia, Anvar Ibrahim, held a Kazakh-Malaysian investment round table in Astana with the participation of representatives of the business communities and scientific communities of the two countries.

It is reported that over the year, bilateral trade turnover increased from $150 million to almost $245 million.

Photo source: picture from the open source