Kazakhstan attracts large multinational companies
Kazakhstan attracts large multinational companies. For example, the Japanese industrial giant Tokyo Rope Almaty began working in the country since November 2016. This was initiated by President Nursultan Nazarbayev. The first shops began to produce gabion grids in the territory of Almaty last year. In July of this year, the enterprise launched the construction of a second company which produces metal. The total investment amounted to US$17 million.
SHIGETO TANAKA, CHAIRMAN, EXECUTIVE OFFICER, TOKYO ROPE MANUFACTURING CO:
- We consider the Almaty plant as the main base, plans of which include the delivery of products to the domestic Kazakh market as well as to the markets of neighboring countries. Therefore, it was decided to increase the plant's productivity and build a new enterprise on the territory of the Special Economic Zone.
ARSEN NASYRKHANOV, DIRECTOR OF ALMATY INVESTORS SERVICE CENTRE, KAZAKH INVEST:
- There are emerging opportunities for export markets. Tokyo Rope Almaty already plans to export its products to Russia, Mongolia, Tajikistan, Kyrgyzstan and Saudi Arabia.
According to the national Kazakh Invest company, American, British, German, Spanish, Chinese and Turkish investors are also planning to develop their business in Kazakhstan. The authorities are ready to meet with those who are interested in the implementation of projects in the country and in the industrial zones of Almaty.
AIDAR SAPAROV, HEAD, DEPARTMENT OF FOREIGN ECONOMIC ACTIVITY OF ENTREPRENEURSHIP, ALMATY:
- First of all, it concerns conditions and information work. They can get all the necessary information in the remote access. We have launched an investment web portal this year, which contains all information about location, free investment areas and state preferences.
According to Kazakh Invest, by the end of this year it is planned to launch six more production projects from France, Japan, Germany, Turkey and China. In total, the national company’s portfolio has 16 proposals for a total cost of US$7 billion 700-million.