Qatar intends to invest in Kazakhstan Construction and Real Estate

Timesca said that Qatar Mining Company plans to launch investment projects including a gold and copper project in Kazakhstan, revealing that the value of the project is between $ 10 million and $ 50 million, including the production and development stages, based on comments by Khalid Al Obaidli, CEO of Qatar Mining Company He stressed that the company will work in the coming period to develop economic relations with Kazakhstan through new projects and investments, adding that Qatar Mining Company is ready to invest as soon as the creation of opportunities worthy of Interest. For his part, Sabarbek Tuyakiv, Chief Executive Officer of Kazakhstan Investment Company, said that the company will work to assist its Qatari counterpart in many of the proposed projects, adding that Qatar Mining Company will receive significant support in terms of identifying the local partner to start the project. Is ready to provide support to Qatar Mining Company in terms of clarifying requirements, logistics, business registration methods and others. Qatar Mining Company, a wholly-owned subsidiary of the State of Qatar, was established in 2010 to implement high-value targeted development investment projects in the mining and mineral sector and to become a multi-product international mining company by 2024. Qatar Mining is mandated to undertake activities in various fields The industry and through its series of feasibility operations, including investment in existing operational assets, mining development projects and exploration operations The initial stages of the project were developed to meet Qtel's ultimate goal of being the operator, active investor and partner in the management of these projects at the same time. Qatar Mining Company has developed two major projects, one related to advanced exploration of copper and gold deposits in Sudan, In addition to a project for the metal industry in Algeria, the company is keen to establish long-term viable projects of the state, by contributing to the diversification of the economy and the increase of the euro DAT non-oil by investing in mining projects in different countries.