Kazakhstan’s investment attractiveness is growing. Not only European but also the countries from the South-East Asia, South America and Africa intend to cooperate with Kazakhstan which constantly improves investment climate for long-term cooperation in this sphere.  B2B meetings, presentations and investment forums foster this sort of ventures. For instance, it was decided to attract over half a billion dollars of foreign capital at the large scale forum in Atyrau region. Kazakh and foreign investors signed 9 memoranda worth more than $600 million. Atyrau region has now investors from 50 countries and is Kazakhstan’s leading region in attracting investments.

 

Nurlan NOGAYEV, GOVERNOR OF ATYRAU REGION:

Nearly $4 billion were invested in fixed assets in the Atyrau region in eight months. $2.5 billion of these are foreign investments. And the trend is gaining momentum.

 

Regional entrepreneurs offered investors to finance 50 business projects such as construction biofuel production plant, logistics center, a tourist complex, racecourse and others.

 

Kazakh and Russian businessmen have set some prospects at B2B meeting in Astana. Businessmen are planning to increase trade turnover and there are all the necessary prerequisites for this. Since the beginning of this year, the turnover between Kazakhstan and Russia has reached $6 billion.

 

Ablai MYRZAKHMETOV, CHAIRMAN, ATAMEKEN NATIONAL CHAMBER OF ENTREPRENEURS:

Non-oil exports and imports, and small and medium businesses are the key performance indicators; this is what we have to improve these areas.

 

Mangystau region closely cooperates with investors. Italian and Russian businessmen are ready to launch the construction of combined-cycle plant with a capacity of 250 megawatts. The project will cost 73 billion tenge. In addition, foreign investors expressed interest in another 25 projects in oil and gas, oilfield services, transportation and logistics, construction, tourism, agriculture and infrastructure presented at the recently held investment forum.

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