ASTANA (TCA) — On July 20 in Shymkent (south Kazakhstan), the conference Global Experiences of Special Economic Zones took place with the participation of foreign organizations and delegations from Azerbaijan, Uzbekistan, Kyrgyzstan and Tajikistan, the official website of the Prime Minister of Kazakhstan reports.
At the conference, the special conditions of SEZ residents, successfully implemented projects, development experience and further plans were shared with foreign partners and guests of the event.
“Today’s event is a platform for direct negotiations, both from the management company of Ontustik special economic zone, SEZ residents, authorized state bodies, and from potential domestic and foreign investors, which in turn will allow to continue improving the activities of special economic zones in the country,” said Birzhan Kaneshev, Deputy Chairman of Kazakh Invest, the national agency for attracting investments in Kazakhstan.
Along with this, topical issues of attracting foreign direct investment, measures of state support, recent trends in foreign direct investment, and effective ways of developing special economic and industrial zones were discussed at the event.
The event will serve as an interactive platform for mutually beneficial cooperation and strengthening of business relations between expert organizations, government agencies, special economic zone and industrial zone authorities.
11 free economic zones were created in Kazakhstan in order to activate the accelerated development of the regions, attract investment, technology, create highly efficient and competitive industries. For the purposes of cluster development of regions, FEZs have a different sectoral focus. For example, FEZ Ontustik specializes in the textile industry, chemistry and petrochemistry, FEZ PIT on information technologies, FEZ Pavlodar on chemistry and petrochemistry, FEZ Saryarka on metallurgy and heavy engineering.
The Ontustik Special Economic Zone was established by the Decree of the President of Kazakhstan dated July 6, 2005 with the aim of accelerating the development of the region, to create highly efficient industries, develop petrochemical, textile, and chemical industries, and to improve the quality and expand the range of products.
