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Kazakhstan's Foreign Ministry addresses whispers concerning the potential sale of an airport to a Vietnamese business.

Vietnamese business ventures into Kazakhstan's commercial landscape, with Alibek Bakayev, the First Deputy Minister of Foreign Affairs, offering statements on this development, according to our news site.

Vietnamese firm's market entry in Kazakhstan addressed by Alikbek Bakayev, Deputy Foreign Affairs...
Vietnamese firm's market entry in Kazakhstan addressed by Alikbek Bakayev, Deputy Foreign Affairs Minister, according to our reports in Senate passages.

Kazakhstan's Foreign Ministry addresses whispers concerning the potential sale of an airport to a Vietnamese business.

Fresh Take:

Gossip from the Senate: Vietnamese Company's Kazakhstan Plans

The Deputy Minister of Foreign Affairs, Alibek Bakayev, shed some light on the Vietnamese company's plans in Kazakhstan during a casual chat in the Senate corridors. Rumors were swirling about the company buying one of our airports, but what's the truth behind this?

Turns out, negotiations are on the table with the Vietnamese side. But, it's not about buying the airport – rather, they're discussing managing it to enhance its operations, not a straight-up sale, as per Bakayev. The airport that might be under their custody lies in the Kyzylorda region.

Just the other day, Minister of National Economy, Serik Zhumanjarov, dropped a bombshell in Akorda corridors about the same Vietnamese company, Sovico Group, eyeing an airport buy in our country. Zhumanjarov shared that Sovico Group already owns Qazaq Air and is considering purchasing an airport or managing it. The megacompany boasts a robust network with international airlines and a lucrative contract with Boeing, hinting at possible expansion in Kazakhstan.

So, stay tuned for more updates as this tale unfolds! Are you intrigued? Don't forget to subscribe to our Telegram updates for more exclusive stories like this!

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The Sovico Group, a Vietnamese company known for its investment in Qazaq Air, is also contemplating entering the Kazakhstan business sector by managing an airport or purchasing one, potentially in the Kyzylorda region. This move, if successful, could expand their lucrative network with international airlines.

Moreover, Sovico Group's interest in Kazakhstan's real-estate sector doesn't stop at airports, as they are also considering investing in other aspects of the finance industry, such as managing or purchasing additional business assets.

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