Saudi Arabia and Kazakhstan Willing to Strengthen Energy, Investment Cooperation
Kazakh President Kassym-Jomart Tokayev and Saudi Arabian Minister of Energy Abdulaziz bin Salman Al Saud discussed the prospects of energy and investment cooperation during their meeting on March 7, as reported by the Akorda press service.
“We consider your visit as a symbol of friendship and close ties between the two states. I am still under a very positive impression from my visit to your great country. The visit was truly successful. We have reached agreements on many areas, primarily on energy cooperation. I am confident in the bright future of our relations,” Tokayev said.
In turn, Abdulaziz bin Salman thanked Tokayev for the warm welcome.
“We highly value bilateral relations with Kazakhstan, which have deep historical roots. Saudi Arabia was among the first countries to extend a helping hand to Kazakhstan, which had just gained its independence,” he said.(Source:astanatimes)
During the meeting, Mohammad Abunayya, Chairman of the Saudi company ACWA Power, discussed the potential of a collaborative investment project to build a 1 gigawatt (GW) wind power plant in the Zhetisu Region, as well as plans for cooperation with Kazakhstan in the field of green energy.
After the meeting, the governments of both countries signed an agreement to proceed with the joint project for the construction of the wind power plant.
