Kazakh Invest discussed with European business prospects for further investment cooperation

: 23.10.2018 in 02:54; News; CCS under the President of the Republic of Kazakhstan; CCS under the President of the Republic of Kazakhstan

<p>To date, the meeting participants have implemented seven investment projects worth more than $ 16 billion. Among the cases: projects in the oil industry of Shell, the production of electric locomotives and transformers Alstom, the pharmaceutical plant Polpharma in Shymkent. Six more projects are at the implementation stage: construction materials production, solar power station, potato processing, etc. The total cost of these investment projects is more than $ 300 million. In the future, another 12 production projects with the participation of European investors are being considered. This is reported on the site on the site primeminister.kz.</p>

To date, the meeting participants have implemented seven investment projects worth more than $ 16 billion. Among the cases: projects in the oil industry of Shell, the production of electric locomotives and transformers Alstom, the pharmaceutical plant Polpharma in Shymkent. Six more projects are at the implementation stage: construction materials production, solar power station, potato processing, etc. The total cost of these investment projects is more than $ 300 million. In the future, another 12 production projects with the participation of European investors are being considered. This is reported on the site on the site primeminister.kz.

During the conversation with Saparbek Tuyakbaev, Chairman of the Board of Kazakh Invest JSC, representatives of the Carmeuse Group transnational corporation spoke about the implementation of a large project to build a first-grade lime plant at the Saryopan deposit in the Karaganda region. A feasibility study and design estimates for construction are currently being developed, a production technology has been defined, a land plot and the right to use subsoil use have been granted.

S. Tuyakbayev also discussed prospects for further cooperation with the management of the Belgian engineering company Van Hool. The company is interested in opening a joint venture for the production of buses in Kazakhstan. Representatives of Van Hool voiced readiness to transfer new technologies, create jobs and conduct training for local personnel, open service centers for maintenance, both existing in the country and new buses.

Discussing the prospects for joint work, the head of the largest German food company Tnnies Holding Klemens Tonnies spoke about plans for a joint project to build a meat processing plant. The enterprise will include a pig farm and poultry farm, feedlot, production of feed. Today, the German side is selecting a potential Kazakh partner and region for the project.

At the end of the dialogue, with the support of Kazakh Invest, a series of separate meetings of the Kazakh delegation with the heads of large European companies took place, during which ongoing projects and new initiatives were discussed in more detail. Agreements were reached between the Ministry of Energy of the Republic of Kazakhstan and the European Bank for Reconstruction and Development, enshrined in a memorandum on the construction of a solar power plant with a capacity of up to 28 MW in the South Kazakhstan region. The cost of the project will be $ 35 million, financing is planned to be provided in tenge.

In addition, with the support of NC Kazakh Invest, a memorandum of cooperation was signed between SEC Astana and the Association of International Trade Centers (WTCA). The main goal is the construction of the World Trade Center in Astana.