The 5th Meeting of the Kazakhstan–Switzerland Business Council (KSBC) took place in the capital with the participation of Serik Zhumangarin, Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan, and Guy Parmelin, Vice President of the Swiss Confederation and Federal Councillor for Economic Affairs. The event was organized by Stadler Rail AG and NC “Kazakhstan Temir Zholy” JSC with the support of NC “KAZAKH INVEST” JSC.
The meeting was moderated by Madiyar Sultanbek, Deputy Chairman of the Management Board of KAZAKH INVEST, who emphasized that Switzerland is the third largest investor in Kazakhstan’s economy, with cumulative investments of around USD 36 billion, and highlighted the strong dynamics of cooperation in engineering, transport, finance, innovation, and industrial partnership.
“Investment cooperation with Switzerland is characterized not only by a steady inflow of capital but also by the high technological content of projects. In the first half of 2025, Swiss companies significantly expanded their presence in Kazakhstan, and this trend continues due to their growing interest in the country’s new industrial and infrastructure opportunities. Swiss partners traditionally focus on long-term projects, and their participation enhances technology transfer, raises production standards, and supports the development of high-tech sectors. Our shared goal is to provide businesses with practical tools to launch new initiatives and further expand cooperation,” noted Madiyar Sultanbek.
During the plenary session, the parties discussed prospects for strengthening trade and economic relations, expanding industrial partnership, modernizing railway transport, implementing engineering solutions, and developing joint infrastructure projects. Delegation members also discussed export potential and Kazakhstan’s role as a key logistics hub in Eurasia.
Following the session, seven bilateral documents were signed, including a Cooperation Agreement between KAZAKH INVEST and Switzerland Global Enterprise (S-GE). The agreement establishes arrangements to enhance collaboration in attracting foreign direct investment, exchanging analytical information on market opportunities, and supporting businesses from both countries entering the markets of Kazakhstan and Switzerland.
Additional documents were signed to promote cooperation in mechanical engineering, raw material processing, industrial equipment servicing, foreign trade, and strengthening intercompany collaboration.
The event concluded with an extended B2B and B2G session, where Kazakh and Swiss companies held direct negotiations aimed at launching new joint projects in industry, transport, healthcare, energy, and digital technologies.
