Opportunities of Kazakhstan special economic zones presented to foreign investors

EurasiaNet.org image

ASTANA (TCA) — Kazakh Invest JSC, the national agency for attracting investments to Kazakhstan, on October 6 presented the opportunities of the special economic zones (SEZ) of Kazakhstan to foreign and domestic business community at a road show in the city of Aktau, the official website of the Prime Minister of Kazakhstan reported.

The road show included a business forum with a presentation of Kazakhstan’s investment climate and detailed information on the activities and opportunities of each SEZ, as well as a number of B2B meetings.

Deputy Chairman of Kazakh Invest Birzhan Kaneshev spoke about the key tasks and goals of the road show.

“This event is organized in Kazakhstan for the first time and is a platform for direct negotiations between managing companies of SEZ, residents of SEZ and authorized state bodies on one side and potential investors on the other. Such measures improve the activities of special economic and industrial zones in the country,” Kaneshev said.

He also talked about the main task of Kazakh Invest for the near future: attracting and retaining foreign direct investment, as well as creating conditions for further reinvestment of the capitals of these companies into Kazakhstan’s economy.

In order to speed up the development of Kazakhstan’s regions, attract investment, technology, and create highly efficient and competitive industries, ten SEZs were created in Kazakhstan by decree of the head of state.

The SEZs of the cities of Aktau, Atyrau, Shymkent, Almaty, Taraz, and Pavlodar were presented at the road show.

At the event, investors from Turkey, Saudi Arabia, Malaysia, the USA, Hungary and other countries expressed their interest in the investment opportunities of Kazakhstan and established business contacts with domestic companies.

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