A meeting was held in Islamabad, the capital of the Islamic Republic of Pakistan, between the
Kazakh delegation of the investment and industrial holding Elaman Group and a working group of
Pakistan’s Ministry of Investment, headed by Minister Sheikh Ahmed Saleh.
The Kazakh delegation included Azamat Utegenov, Founder and Managing Partner of Elaman Group;
Ulas Alimbaev, Director of the Strategic Development Department; Rysbek Zhaksybaev, Head of
Production; and Erik Akhmetzhanov, Chief Geologist. During the negotiations, the company’s
representatives presented the holding’s experience and key achievements, outlined priority
areas of activity, and discussed prospects for expanding investment cooperation and the possible
implementation of joint projects in Pakistan.
In his welcoming remarks, Pakistan’s Minister of Investment Sheikh Ahmed Saleh emphasized the
importance of strengthening bilateral economic ties between Kazakhstan and Pakistan. He noted
Pakistan’s interest in attracting foreign investment and expressed readiness to provide
comprehensive support to Kazakh businesses. According to him, Pakistan’s authorized government
bodies are open to constructive cooperation and support for mutually beneficial investment
initiatives.
The meeting was also attended by Zulfiqar Ali, Secretary of Pakistan’s Ministry of Investment,
and Irfan Ullah Khan, Director of the Ministry, which demonstrates the high level of interest of
the Pakistani side in developing business relations with Kazakh companies, including the
investment and industrial holding Elaman Group.
It is worth noting that the meeting took place amid the intensification of intergovernmental
dialogue between Kazakhstan and Pakistan. On February 3–4 of the current year, President of the
Republic of Kazakhstan Kassym-Jomart Tokayev paid a state visit to the Islamic Republic of
Pakistan. During the visit, key issues of bilateral cooperation were discussed, including the
development of trade and economic relations, investment partnership, and expansion of
cooperation in industry and business.
The negotiations between Elaman Group representatives and Pakistan’s Ministry of Investment
became an important step in implementing agreements reached at the highest level and open new
opportunities for the development of private business and joint investment projects, contributing
to economic growth and the strengthening of partnership relations between the two countries.
