More than US$6.5 billion was invested in the economy of Kazakhstan in the first quarter of 2018

More than US$6.5 billion was invested in the economy of Kazakhstan in the first quarter of 2018, according to the country’s central regulator, National Bank of Kazakhstan. The Netherlands is a leading investor with more than US$2 billion spent on the Kazakh economy. The United States holds the second position with US$1.5 billion in investment. Russia and China are also engaged in mutually beneficial bilateral projects with Kazakhstan.

Meanwhile, Spain is set to strengthen mutually beneficial cooperation with Kazakhstan. Attractive sectors for the development of bilateral partnerships include machine-building, energy, transport sector and technology transfer. Recently, entrepreneurs of the two countries discussed new investment projects in Astana. The parties also signed a number of memorandums. One of them is related to the opening of a network of waste processing plants in Kazakhstan. The technology offered by the Spanish company allows for the production of gas as well. The project’s total cost is US$150 million. 

ADIL UTEMBAYEV, CHAIRMAN, STRUCTURAL PROJECT SUPPORT COMPANY:

 - To verify the technology’s relevance, we need to perform a morphological analysis in every region to identify the structure. It will define the output and capacity of the plant. This analysis will take about half a year because we need to perform the tests in autumn and winter. We believe that the development of the feasibility study will begin in March next year. We are planning to launch the pilot plants by the end of the next year.