Qazaqstan Investment Corporation and ADQ to invest in non-resource sectorsQazaqstan Investment Corporation and ADQ, an investment and holding company incorporated in the United Arab Emirates (UAE), will create a platform for their joint investment activities, the marketing and external relations department of Qazaqstan Investment Corporation said in a press release."Qazaqstan Investment Corporation, the operator of the private equity market in Kazakhstan, and ADQ, an investment and holding company based in Abu Dhabi, have announced their plan to create a co-investment platform. The platform will be focused on fast-growing non-resource sectors such as manufacturing, renewable energy, agriculture, healthcare, financial services and education," the press release says.The platform will be used to finance in the future investment projects in Kazakhstan and other states in the Central Asian and Caucasus regions.“Qazaqstan Investment Corporation and ADQ intend to make, together with other investors, an equal financial and operational contribution to each investment project,” the press release says.The agreement as necessary for the creation of this platform was signed on the sidelines of the UN Climate Change Conference COP28 in Dubai, which was also attended by Kazakh President Kassym-Jomart Tokayev.Qazaqstan Investment Corporation JSC is a direct investment fund, which is part of Kazakhstan’s National Managing Holding Company Baiterek.ADQ, founded in 2018 in Abu Dhabi, is an investment and holding company mandated to accelerate the transformation of the Emirate into a knowledge-based economy. ADQ seeks out compelling opportunities across economic clusters that are critical to realizing Abu Dhabi’s economic vision, including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics. (ICE ALMATY)

Fonte notizia: INTERFAX