UAE Firm to Invest $1.4 Billion in Kazakhstan Wind Farm Project
Photo: Aqorda
President Qasym-Jomart Toqayev met with Masdar CEO Mohammed Al-Ramahi on January 15 during the Abu Dhabi Sustainability Week summit.
The meeting focused on a significant renewable energy project in Kazakhstan's Jambyl region.
Masdar, a UAE-based company, has committed to investing $1.4 billion in a one-gigawatt wind farm and will oversee wind turbine production.
This investment marks a significant step in Kazakhstan's renewable energy development.
The talks also covered potential collaboration with ADNOC (Abu Dhabi National Oil Company). President Toqayev expressed Kazakhstan's interest in partnering with the corporation, particularly in:
- Oil and gas investment projects
- Geological exploration
- Digitalization initiatives
- Artificial intelligence development
Latest news
- Red Book Otter Captured on Camera Trap for the First Time in Almaty Region
- Progress MS-34 Gets Ready for Launch at Baikonur
- Kazakhstan Plans to Employ 17,000 People With Disabilities in 2026
- Where Kazakhstanis Travel and How They Spend on Vacation
- Mongolian President Arrives in Kazakhstan on State Visit
- Testing Will Be Removed From Teacher Certification Over Corruption Risks
- Kazakhstan Tightens Entry Rules for the Financial Market
- Kazakhstan May Limit How Many People Can Be Registered at One Address
- AI Could Replace Some Employees in Kazakhstan’s Telecom Sector
- Astana Braces for Traffic Restrictions During Mongolian President’s Visit and Eco Summit
- No One Left to Work With Livestock? Kazakhstan Prepares State Support for Herders
- Kazakhstan Begins Intercepting Fraudulent Calls
- Kazakhstan to Disclose Data on Payments and Contracts of Subsoil Users
- Why Saigas Die: Expert Explains the Causes and Reassures Kazakhstanis
- Domestic Tourism Is Growing in Kazakhstan, but Vacations Are Getting More Expensive
- Illegal Pawnshop Scheme Worth 93 Million Tenge Exposed in Aktobe
- Dental Services in Kazakhstan Keep Getting More Expensive
- Rybakina Takes 13th Career Title at the Stuttgart Tournament
- Kazakhstan Eases Entry for Investors While Tightening Permanent Residence Rules
- Kazakhstan Updates Rules on Mobile Phone Use by Military Personnel
