Deals worth $4.7 billion signed at Kazakhstan Global Investment Roundtable

05.07.2018

A total of 32 commercial documents were signed for a total amount of US $4.7 billion during the second Kazakhstan Global Investment Roundtable held in Astana on July 3, the Kazakh Invest National Company for Investment Support and Promotion reported.

In the field of pharmaceuticals: Memorandum of understanding between Kazakh Invest and the French Servier JSC on the project for the production of pharmaceuticals.

In the field of mechanical engineering: a roadmap for the implementation of a project for the production of cable products between the administration of the Karaganda region and the company Hebei Hua Tong Cable.

in the sphere of light industry: a memorandum between Kazakh Invest and the Turkish company Cukurova Holding on the construction of an integrated plant for the production of corrugated cardboard packages at the first stage, and white and brown paper in the second stage. Also an agreement was reached on the implementation of a factory for the production of yarn and fabric. In addition, a memorandum on the production of paper products from reeds in the Almaty region was signed.

In the sphere of agro-industrial complex: Memorandum on cooperation between the group of companies Eursian Agro Holding and Australian company Cedar Meats Australia on the project of a meat processing plant. In addition, a memorandum of understanding between Kazakh Invest and the Turkish company Agro Best Group was signed for the opening of a plant for the production of plant protection products. In the framework of another memorandum of understanding between Kazakh Invest and the Turkish company Dal Holding, a greenhouse complex of 200 hectares is planned to be built with the creation of a vegetable storehouse and a gas turbine power plant. Kazakh Invest also signed a memorandum with the Chinese company Hangzhou Qiandaohu xinLong Sci-tech for the breeding and processing of sturgeon fish in the amount of 12,000 tons of fish and 2,000 tons of caviar.

In the field of oil and gas chemistry: an agreement was signed between Kazakh Invest and West Hydrocarbons Commercial Investment for the construction of a modern oil refinery. Another signed agreement in this field was a memorandum of understanding between the administration of Atyrau Oblast and the Singapore Company WestGasOil for the implementation of the methanol and olefin production project in the Special Economic Zone NINT.

In the IT sphere: a memorandum of cooperation between KTZ Express and Polish company Trans.eu on the implementation of the IT project for the creation of a multimodal transportation system for the KTZ Express. Also, a memorandum of understanding between Kazakh Invest and the French company Idemia Identity and Security France on the implementation of projects under the Public Private Partnership Program for the implementation of an automatic photo/video capture system, traffic violations, the creation and implementation of an automated system for collecting data on air passengers was signed.

In the retail sphere: within the framework of the memorandum of cooperation between the national company Kazakh Invest and the French company Decathlon Kazakhstan a chain of shops will be established for the sale of sportswear and equipment, followed by the localization of production (300 million US dollars, 4,800 jobs).

In the sphere of mining and metallurgy: a memorandum of understanding between the administration of Zhambyl Oblast and the Turkish company Dal Holding for the construction and commissioning of a mining and processing plant for the production of barite concentrate with a capacity of 75,000 tons per year in the Zhambyl region.

In the sphere of renewable energy: memorandums of understanding and cooperation were signed between the administration of the Kyzylorda Oblast and Total Eren, between Kazakh Invest and Eni SpA, between Kazakh Invest and ECM Technologies, between the administration of Karaganda oblast and Schneider Electric, between the administration of Turkestan Oblast and Urbasolar, and between Kazakh Invest and North West Power Company.

Posted by the Times of Central Asia.