KAZAKH INVEST attracted $ 10bn of investments in 100 days of work

    In the first 100 days of existence , JSC KAZAKH INVEST has attracted $ 10 billion of investments to Kazakhstan. The company executives told of its achievements and plans ahead at a special briefing, Kazpravda.kz correspondent reports.
    "During this time, we have decided on the company's main priorities, the main countries to attract investments from. These are China, Russia, the United States, Turkey, the Middle East and the European Union states," said Maksat Kabashev, Board Chairman of the KAZAKH INVEST JSC NC.
    In turn, the deputy chairman of the national company Nursultan Jiyenbayev made updates on the attracted investments.
    "To date, we have 187 project companies that we inherited from Kaznex-Invest. The total sum of the projects is about $50 billion, and in the 100 days of the company’s existence, 32 new projects appeared the total sum of about ten billion dollars, "he said.
    According to Djienbaev, many of the above projects are large and long-term.
    "These include construction of mining and metallurgical processing plants, as well as multiple infrastructure and agricultural projects".
    The speakers also noted that over 100 days of work, 90 meetings with foreign investors were held regarding the opening of business projects in Kazakhstan in such sectors as machine building, chemical and petrochemical industry, pharmaceutical production, agribusiness and mining and metallurgy industry.
    22 memorandums and agreements on cooperation with foreign companies were signed.
    The company has its offices in China, the US, Turkey and Russia. Each representative office employs two people, in China there are three employees.
    "We plan to open representative offices in Germany, France and the UAE in September, and we believe that these seven representations will cover our main priority countries," KAZAKH INVEST board chairman Maksat Kabashev concluded.
    Reported by Jania Urankaeva for the Kazakhstanskaya Pravda.