Investment opportunities of Kazakhstan and AIFC presented in London

ASTANA (TCA) — Investment opportunities of Kazakhstan and Astana International Financial Center (AIFC) were presented on November 9 to government and private business officials of Great Britain during the Kazakh-British Investment Forum in London City, the official website of the Prime Minister of Kazakhstan reported.

The event was organized by London City Corporation, AIFC and National Company Kazakh Invest, and supported by Kazakhstan’s Embassy in the UK.

During the Forum, welcome speeches were delivered by Ambassador of Kazakhstan to the UK Yerlan Idrissov, Ambassador of Great Britain to Kazakhstan Caroline Brown, AIFC Governor Kairat Kelimbetov, and Deputy Chairman of the Board of Kazakh Invest Birzhan Kaneshev, as well as London City Lord Mayor Andrew Parmly and Trade Envoy of the UK Prime Minister to Kazakhstan, Baroness Emma Nicholson.

Yerlan Idrissov noted in his speech that for 25-year history of cooperation, the status of relationships between Kazakhstan and Great Britain reached the level of strategic partnership.

“Based on strong and trusting relations, our countries actively cooperate in the implementation of such priority projects as creation and development of AIFC, the program of privatization of Kazakhstan’s national companies, interaction within the framework of the Chinese initiative One Belt, One Road,” the Kazakh ambassador to Great Britain said.

Ambassador of Great Britain to Kazakhstan Caroline Brown said that “International confidence is a key to success of Astana International Financial Center. The more investors from Great Britain and other countries and a variety of economic sectors consider the investment opportunities in Kazakhstan, the more will be the role of AIFC in providing financial and juridical services that investors will need.”

Kairat Kelimbetov, the Governor of AIFC, mentioned during his speech that the platform being built provides for numerous privileges for investors and those advantages should be supportive in creating comfortable conditions of investment inflow to Kazakhstan.

“AIFC is well placed to become a Eurasian gate providing trade and financial flows between East and West countries,” Kelimbetov said.

Deputy Chairman of Kazakh Invest Birzhan Kaneshev said that “The total direct investments volume from the UK to Kazakh economy exceeds $12 billion. According to the National Investment Strategy of Kazakhstan, Great Britain is one of the high-priority countries in the context of investment attraction, which makes collaboration between our countries even stronger.”

Sergey Kwan


Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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