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Vietnam’s ROX Group considers projects in Kazakhstan

ROX Group, one of Vietnam’s largest private multi-sector holdings, has expressed strong interest in developing renewable energy projects in Kazakhstan, including the construction of large-scale energy facilities. The company is also considering participation in industrial and tourism infrastructure development initiatives, as well as exploring opportunities in the Kazakh banking and financial sectors, according to Kazakhstan’s Ministry of Foreign Affairs.

The company’s investment projects in Kazakhstan were discussed on August 4 in Astana between Kazakh Deputy Minister of Foreign Affairs, Alibek Kuantyrov and Mr. Le Anh Duc, Director of Global Development and Investments at ROX Group.

Le Anh Duc highlighted Kazakhstan’s unique combination of geographical location, political stability, and investment appeal, and noted the country’s favorable business climate and the government’s efforts to support foreign investors. According to him, Kazakhstan holds significant potential in sectors such as energy, logistics, and financial services and could become a key link in the company’s regional expansion strategy.

Both parties expressed readiness to continue constructive dialogue and move toward identifying specific areas of cooperation. The Kazakh side reaffirmed its commitment to providing comprehensive support in exploring investment opportunities, project facilitation, and engagement with relevant government agencies and development institutions.

Founded in 1996, ROX Group invests in energy, real estate development, finance, infrastructure, and hospitality. Its portfolio includes more than 100 investment projects in 12 countries, with total overseas investments exceeding $3 billion.

Among its flagship international projects are the construction of a 1,900 MW solar power plant in Kyrgyzstan’s Issyk-Kul region and a large-scale residential complex in Kyrgyzstan’s capital, Bishkek.

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