Aktobe Rail and Section Works LLP took part in the first Kazakhstan-Serbia Business Forum held in Belgrade, Serbia.

The forum gathered representatives of business communities, public and private companies of Kazakhstan and Serbia. The main topics for discussion were attraction of investments, search for investors, development of agriculture, logistics, as well as cooperation in the sphere of railroad rails supply.

Serbia has shown significant interest in the development and expansion of its transport infrastructure, including the modernization of railroads. This has created a need for rail products that meet high standards of quality and durability. ARBZ LLP with its capacity in the production of rail products can become a reliable supplier, contributing to the implementation of transportation projects in Serbia.

Cooperation between Kazakhstan and Serbia promises favorable prospects for both parties. Kazakhstan will be able to strengthen its position as a supplier of rail products in the international market, and Serbia – to ensure stable supplies for the development of infrastructure and find a partner for mutually beneficial investment cooperation. At the end of the forum a Memorandum of Cooperation between the two countries was signed.