Kazakhstan attracts investors through diplomats

ASTANA (TCA) — Astana hosted a meeting of the Diplomatic Business Club, which was established with the support of Atameken National Chamber of Entrepreneurs of Kazakhstan and the country’s Ministry of Foreign Affairs. The event presented investment projects of Kazakhstan’s Aktobe region to heads of diplomatic missions accredited in Kazakhstan, the Atameken NCE reported on its website on March 28.

The meeting presented 11 investment projects of the Aktobe region: in food industry, mining, chemical industry, metallurgy, and hotel business, worth a total of US $1.2 billion. Six other projects, worth 104.7 billion tenge, will be implemented in 2016, including those with participation of foreign investors — in cement and nickel plants and a plant for processing of solid domestic waste.

The Governor of the Aktobe region, Berdybek Saparbayev, named agriculture and particularly the production of meat and milk products for further export to Russia one of the most attractive areas for investment in the region.

Azamathan Amirtaev, a member of the Regional Council of the Chamber of Entrepreneurs of Astana city and president of the Alliance of Investors, said that two partners of the Alliance, who attended the meeting, could be potential investors here. These are a Swiss and a Russian company.

“These investors are interested in investing in the sector of financial management and agro-industrial complex,” said Amirtaev.

The representative of the Swiss investment group Dmitry Ivenko emphasized that his company already had a successful experience of investment in Kazakh projects.

Sergey Kwan

TCA

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

View more articles fromTCA