Central Asian countries seek diversified partnerships

Central Asian countries are looking to expand their economic relationships beyond traditional sectors like energy and natural resources, according to MEDEF International. French companies are exploring new opportunities in areas such as water management, transport, digital technologies, and critical raw materials.

Historical economic ties between France and Central Asia

French companies have been involved in Central Asia since the region's independence in 1991. MEDEF International has facilitated visits between French and Central Asian leaders and has organized delegations of French companies to the five Central Asian countries.

Growing economic potential in Central Asia

The economic potential of Central Asia is becoming a reality through commercial and industrial projects. French companies are matching their expertise with the modernization needs of Central Asian countries in sectors like energy, agriculture, health, and digital technologies.

Kazakhstan and Uzbekistan open up economically

Kazakhstan and Uzbekistan are opening their economies and seeking stronger partnerships with French companies. Kazakhstan is diversifying its economy, while Uzbekistan is undergoing structural reforms and improving its infrastructure and industrial base.

Opportunities in Kazakhstan and Uzbekistan

French companies find opportunities in both countries. Kazakhstan offers prospects in health, agriculture, and digital technologies, while Uzbekistan's young population and infrastructure needs attract investment. Uzbekistan has also received significant financing from international financial institutions.

Diversification of economic partnerships

Central Asian countries aim to reduce their reliance on a limited number of economic partners. This strategy benefits French companies, which have long-term ties and recognized industrial and technological skills. The challenge is to align these skills with local development priorities.

Trans-Caspian corridor development

The trans-Caspian corridor, which connects Europe and Asia through the Caspian Sea and the Caucasus, is gaining importance. French companies see opportunities in rail infrastructure, port equipment, logistics, and digital technologies as part of this development.

MEDEF International supports French companies

MEDEF International helps French companies engage with Central Asia through company councils and organized missions. These efforts allow French businesses to connect with local decision-makers, understand economic priorities, and identify projects that align with regional needs.