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ASTANA (TCA) — The Ministry for Investment and Development and Ministry of Agriculture of Kazakhstan have conducted a series of meetings with executives from major food companies of Italy, who expressed their intention to establish joint enterprises in Kazakhstan for cultivation and processing of fruit and vegetables, production of dairy products and organic manure, the press service of the Ministry for Investment and Development said on January 25. Continue reading
ASTANA (TCA) — Investors from Finland plan to build a fish farm according to the latest technology in the North Kazakhstan province, said Kalver Kapper, director for business development at GENERAL FINLAND COOP, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — An Italian company will build a rapeseed processing plant in the North Kazakhstan province, the province’s Deputy Governor Mukhtar Mankeyev said, Novosti-Kazakhstan news agency reported. Continue reading
ALMATY (TCA) — A council to attract investors has been created in Kazakhstan’s largest city, Almaty. The resolution on the council’s establishment was signed by Almaty Mayor Bauyrzhan Baibek, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — On the sidelines of the World Economic Forum in Davos, Switzerland, on January 21 the Government of Kazakhstan, jointly with the World Bank, held a round table to discuss the ongoing reforms to improve the business climate in Kazakhstan, the World Bank reported. Continue reading
ALMATY (TCA) — State officials in oil crisis-hit Kazakhstan have discovered a $20 billion hole on the balance sheet of the National Wealth Fund. Should the state funds be spent this way on, the state coffers will be empty before the end of this decade. A political crisis is looming. In a move to avoid it, the Parliament has applied for snap elections to be held as early as March this year. Continue reading