Astanatimes iconAstanatimesSep 30, 2026 ~3 min source read

Tokayev Seeks German Investment and Industrial Upgrading in Munich Meetings

During meetings with Siemens, Linde and Aurubis executives and German research leaders, President Kassym-Jomart Tokayev pushed for equipment modernization, local manufacturing, deeper processing of metals and expanded science and education links.

Industrial Modernization, Investment in Focus of Tokayev’s Business Meetings in Munich

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Siemens agreed to a joint modernization project for Qarmet and discussed applying its technologies across energy, utilities, medical tech and data centers.

Linde signaled potential new projects in Kazakhstan worth up to $500 million and plans for an air separation unit in Temirtau, with talks on carbon capture, hydrogen and petrochemical cooperation.

Tokayev invited expanded Kazakhstan–Germany cooperation in education, research and technology transfer, noting 45 Kazakh universities partner with about 100 German institutions and nearly 2,000 Kazakh students study in Germany.

The useful part

Industrial Modernization, Investment in Focus of Tokayev's Business Meetings in Munich. 30 with a series of meetings with senior executives of Siemens AG, Linde and Aurubis AG, focusing on industrial modernization, technological cooperation and new investment projects. Tokayev welcomed a joint project between Siemens and Kazakhstan's Silk Road Electronics to modernize equipment at the Qarmet metallurgical plant.

How it works

  • The officials also discussed opportunities to apply Siemens technologies in modernizing Kazakhstan's energy and utilities sectors, environmental monitoring, medical technologies and data center infrastructure.
  • Kazakhstan-Germany cooperation in education and science During a meeting with German university rectors and research institute heads on Sept.
  • 30, Tokayev called for stronger cooperation between Kazakhstan and Germany in education, research, technology transfer and artificial intelligence.
  • He proposed expanding joint education and dual-degree programs, scientific research and technology transfer.
  • Tokayev said cooperation should increasingly connect universities, research and industry and focus on developing technologies and products with higher added value.

What to take from it

Tokayev also highlighted Linde's carbon capture and storage and hydrogen infrastructure technologies, inviting the company to participate in projects in the petrochemical and chemical clusters in the Atyrau and Mangystau Regions. Particular attention was given to cooperation between Tau-Ken Samruk and Aurubis on processing copper scrap and technogenic mineral formations in Kazakhstan, with the sides considering a joint action plan for prospective projects. In a separate meeting with Oliver Pfann, senior vice president at Linde, Tokayev welcomed the company's plans for new projects in Kazakhstan with potential investments of up to $500 million.

Example or evidence

  • During talks with Fritz Vahrenholt, chairman of the Supervisory Board of Aurubis AG, the officials discussed potential investment projects in Kazakhstan's mining and metallurgical sector.
  • The discussions covered processing complex copper-bearing raw materials, recovering associated metals and recycling and localizing downstream production.
  • Tokayev highlighted growing academic ties, noting that 45 Kazakh universities cooperate with around 100 German partners, while nearly 2,000 Kazakh students study in Germany.
  • He also invited German businesses to establish engineering laboratories and technology transfer centers at joint institutions in Kazakhstan.

Details worth keeping

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