Top managers of Istanbul Chamber of Commerce and representatives of 50 Turkish companies learnt about Kazakhstan’s investment potential at the ‘Day of Kazakhstan’. The event was supported by Kazakhstan’s Consulate General in Turkey and the Ministry of Investments and Development. In turn, heads of Turkish industrial enterprises who have been successfully working in Kazakhstan for many years told about privileges available for foreign businessmen.

KAIRAT KARMANOV, DEPUTY CHAIRMAN, INVESTMENTS COMMITTEE, KAZAKH MINISTRY OF INVESTMENTS AND DEVELOPMENT:

- Many companies supply their products to the Kazakh market and now they are thinking of lowering their expenses and launching production in Kazakhstan. They found out what sort of advantages Kazakhstan can offer. They enquired about the tax, the Eurasian Economic Union, the single market.  Those were very practical questions such as about the delivery cost of one wagon to Russia and so on.

CHENGIZ ZAIM, DIRECTOR, TURKISH COMPANY:

- Algeria and Kazakhstan are second after our Turkish company in terms of the investments made. Turkey has pharmaceutical manufacturing in these two countries. We have invested $60 million in the production that has been operating in Kazakhstan since 2012. We are planning to expand it because Kazakhstan is one of the leading members of the Eurasian Economic Union, and also has a very good demographic potential.

Potential partners in Europe accessed information about Kazakhstan’s development strategy, investment climate and privatization program at London Stock Exchange platform. The event was held with support of the Kazakh Embassy in the UK. Heads of Kazakhstani enterprises have also held meetings with the largest investors and trans-national corporations’ management. 

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