OREANDA-NEWS. June 19, 2008. A Reception for Kazakhstan’s Delegation and Japan’s Business Elite Is To Be Held Within the Official Visit by President Nursultan Nazarbayev to Tokyo.

Addressing the reception’s attendees, Nursultan Nazarbayev noted that centers of not only global manufacturing, but also of world consumption are gradually sliding into developing markets including Asian ones.

Today, almost two thirds of large transnational companies plan to develop their business in Asia including Kazakhstan.

Because of the raising competition for access to energy sources, technologies and markets, there is a clear trend of merging and uniting. This process can be traced in Kazakhstan. If the total amount of deals on purchasing Kazakhstani enterprises was equal to 700 million dollars in 2004, last year the market of merging companies was over 9 billion dollars what made ten percents of the national GDP.

These figures demonstrate that investors look for new opportunities to invest and find them in Kazakhstan, because of the better conditions that were created there.

The President called Japanese entrepreneurs to invest in Kazakhstan.

“You can use our country as an initial port for entering the large markets of neighboring countries including Russia, China, Central Asia, Iran, Pakistan and Caucasian region. According to our estimations, the market of neighboring countries can be over 500 million people,” Nursultan Nazarbayev said.

Today the President had a number of bilateral meetings with top managers of various Japanese companies.