Kazakhstan attracts investors from Italy

ASTANA (TCA) — Kazakh Invest national company for investment support and promotion presented Kazakhstan’s investment opportunities during meetings with the leadership of more than 20 major Italian companies and government agencies in Italy. Italian companies expressed interest in implementing joint projects in the areas of agribusiness, energy and recycling of solid domestic waste, Kazakh Invest reported on May 15.

The issue of construction of a plant for the production of pasta in Kazakhstan’s Kostanay oblast was discussed during the meeting with the Bonifiche Ferraresi company. It is planned that these products will be produced on the basis of Italian technologies from local raw materials and will be mainly export-oriented.

The issues of cooperation in the agro-industrial complex were also considered during the meetings with the President of the Association of Italian Food Processors Mario Gelati and the representative of the Chamber of Commerce of the Tuscany Region, Nadia Crivelli.

In addition, the Chamber of Entrepreneurs of Milan has expressed interest in projects for the construction of greenhouses for the production of fruit and vegetable products.

At the meeting with the Ministry of Agriculture of the Region of Lombardy (Milan), Kazakh Invest presented investment opportunities in Kazakhstan and an agreement was reached to review projects for the processing of milk and fruit and vegetable products.

The delegation of Kazakh Invest also visited the plant for the production of combined cycle turbines in the Liguria Region and the plant for the processing of domestic waste in the Region of Lombardy. At the meetings with these companies, projects on modernization and creation of new energy-generating capacities and waste processing in Kazakhstan were discussed.

In Milan, the meeting was held with the Italian company ENI, where the implementation of the project to build a 50 MW wind farm in the Aktobe oblast was discussed.

Sergey Kwan

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.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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