On October 31, Kazakhstan President Kassym-Jomart Tokayev chaired the 36th meeting of the Foreign Investors’ Council in Astana. Tokayev noted that the Council has become the most important dialogue platform for discussing issues of improving the investment climate in the country. “We have set ourselves a rather ambitious goal – to attract an additional $150
In October 2024, the Eurasian Development Bank’s (EDB) Fund for Digital Initiatives allocated the first tranche for a project to establish a National Digital Investment Platform in Kazakhstan. The project aligns with the digital agenda of EDB member states — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan, aiming to accelerate the development of the digital
Kazakhstan’s Deputy Minister of Foreign Affairs Alibek Kuantyrov last week met with President of Carlsberg Kazakhstan Vyacheslav Maltsev to discuss the Danish company’s plans to expand its activities in Kazakhstan and Central Asia. As reported by the Kazakh Foreign Ministry, Maltsev noted the favorable investment climate in Kazakhstan and told about a new Carlsberg Kazakhstan
On August 19-21, a delegation of Kazakh Invest national company headed by the Chairman of the Board, Yerzhan Yelekeyev, visited Germany and held talks with major German companies. As reported by Kazakh Invest, at a meeting with representatives of WIS Kunststoffe Gmbh, which plans to produce compounds and plastics in Kazakhstan’s Atyrau region, the company’s general director, Sigmar
Chairman of the Management Board of Kazakh Invest national company, Yerzhan Yelekeyev on July 15 held a meeting with representatives of the Chinese corporation WEIGAO, during which the parties discussed the possibility of localizing the production of medical equipment in Kazakhstan. Zhang Yong, General Director of WEIGAO, told Kazakhstani representatives about the corporation’s work in the production of
On June 27, Uzbekistan President Shavkat Mirziyoyev left his signature on the first electric vehicle that rolled off the assembly line of the joint venture BYD Uzbekistan Factory in the country’s Jizzakh region. In the first phase of the project, with a cost of $160 million, the new plant will have a production capacity of
A presentation and signing ceremony for the roadmap to implement a project to construct a salty snack production plant in Kazakhstan took place in Astana last week. The facility, to be located in the Almaty region, will produce potato chips under the globally renowned Lay’s brand. The American company PepsiCo plans to invest $160 million,
A webinar was held last week by the British company FrontierView on the topic “Kazakhstan’s potential: macroeconomic and investment prospects for 2024”. Ambassador of Kazakhstan to the UK, Magzhan Ilyassov and Project Manager of the Task Force Department of National Company Kazakh Invest, Dinara Isabekova attended the event. The webinar was held with more than 40 representatives of the British
Yerzhan Yelekeyev, Chairman of the Management Board of National Company Kazakh Invest, on May 13 met with Pascal Zappone, Vice President of the Swedish company Scania CV AB, to discuss the company’s plans to expand investment activities in Kazakhstan, including implementing an investment project to assemble electric generators, Kazakh Invest reported. Scania manufactures industrial and marine engines, trucks,
Speaking at the Third Tashkent International Investment Forum on May 2, President of Uzbekistan Shavkat Mirziyoyev said that in the past few years, Uzbekistan has attracted over 60 billion dollars in foreign investments, and more than 14 billion dollars from international financial institutions have been directed to social and infrastructure projects. The volume of foreign
Madina Abdikadyr, the Project Manager of National Company Kazakh Invest, on April 12 met with Ahmad Kilani, the Chairman of the Board of Directors of the Egyptian company EIPICO, to discuss the company’s plans to build a full-cycle biopharmaceutical plant on the territory of Saran industrial zone in Kazakhstan’s Karaganda region. The planned investment volume will
Yerzhan Yelekeyev, Chairman of the Management Board of JSC National Company Kazakh Invest, and Sultangali Kinzhakulov, Deputy Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, on April 3 met with the leadership of the Chinese company Zhejiang Sunny Group Co., Ltd. to discuss the possibility of building a plant for the
Kazakhstan intends to sign an agreement with Kyrgyzstan on the promotion and protection of investments, KazTAG information agency reported on March 12. “To approve the draft agreement between the government of the Republic of Kazakhstan and the Cabinet of Ministers of the Kyrgyz Republic on the promotion and mutual protection of investments,” says the draft
On February 2 in Astana, the United States Agency for International Development (USAID) hosted a joint Investment Forum aimed to explore proposals for enhancements to Kazakhstan’s investment legislation and to highlight important achievement supported by the USAID Kazakhstan Rule of Law Program, implemented by the American Bar Association Rule of Law Initiative (ABA ROLI). The
During his state visit to China, Uzbekistan President Shavkat Mirziyoyev, together with the Secretary of the Communist Party Committee of Guangdong Province, Huang Kunming, participated in the Uzbek-Chinese Investment Forum in the city of Shenzhen on January 25. Opening the forum, which brought together heads of government agencies and regions of the two countries and
