Investment opportunities of special economic zones of Kazakhstan have been presented to the business community of London. Chiefs of Pavlodar Special Economic Zone, Khorgos-Eastern Gate, Aktau Seaport and representatives of United Chemical Company LLP met with the UK investors to present some of the incentives that Kazakhstan has introduced for investors.

 

ALMAS AIDAROV, DEPUTY CHAIRMAN, KAZNEX INVEST:

Currently, more than 80 companies from the UK are operating in Kazakhstan. Many of them are consulting, law firms, financial services, oil service, and oil production companies. Now we are focusing on production localization. Particularly, we have created special economic zones, ready production sites for localization, including infrastructure. We offer tax exemptions for certain types of investments.

 

In order to attract foreign capital, customs and tax exemptions have been introduced in Kazakhstan. Today, the UK is one of the largest investing countries in Kazakhstan. In the past 10 years, the British investors have invested more than $11 billion in the economy of Kazakhstan.

 

CRAIG ARNOLD, SALES DIRECTOR, WILLIAM HARE GROUP LTD.:

The UK’s key project with Karachaganak and indication of strategy we were told meets local content requirements.

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