Kazakhstan’s investment opportunities presented to investors from 143 countries of the world
Investors of the Arab world and world transnational corporations were called for investing in Kazakhstan. Kazakh Invest, being the chief-negotiator on behalf of the Government of the Republic of Kazakhstan on attracting and supporting investments in the country, presented Kazakhstan’s investment opportunities and the perspective branches for investment, informed the international business on measures of the state support of investors during the largest investment event Annual Investment Meeting in Dubai.
The delegation chaired by the Deputy Chairman of the Board of NC Kazakh Invest JSC Rustam Isatayev held a number of presentations and meetings with Dubai Investments, Islamic Corparation for the Development of the Private Sector, LuLu Group International, Jenaan, Al Ahli Holding Group, Private Office H.H.Tahnoon Bin Saed Bin Tahnoon Al Nahyan, Alfanar and ARABSKY, and Duwaya Investment, Medtronic, National Petroleum Construction Company, Almajdouie Investment Company, eResolute and Lilavati.
The meetings resulted in expressing high interest and intention of the foreign companies to consider the possibility of investing in Kazakhstan projects. So, Dubai Investments has expressed interest in projects in the field of healthcare and education, while a private company in agriculture Jenaan Investment intends to consider the possibility of implementing greenhouses construction projects in Kazakhstan. Al Fanar, a company headquartered in Saudi Arabia, showed high interest in investing in renewable energy and power generation projects.
«We have plans for international expansion and access to other markets and now we consider Kazakhstan as one of the possible countries for investments. In the near future our company plans to visit Kazakhstan», - Prashant K. Mehta, a Permanent Trustee of Lilavati Hospital and Research Centre (India) said.
«eResoulte company is ready to enter the Central Asian market where we plan to establish our regional hub. Kazakhstan, owing to its geographical location and developed infrastructure, favourable investment climate and preferences offered to foreign investors, can become the most suitable option for us», - said Kashif Ahmad Khan, the Founder and CEO of eResoulte (UAE).
«We participate in the AIM in order to seek new investment opportunities. The Kazakhstan Pavilion allowed us to learn more about Kazakhstan’s investment climate and incentives offered by the Special Economic Zones. We will definitely explore Kazakhstan for our future initiatives», - said Abdulhamid Duwaya, the CEO of Duwaya Investment (UAE).
Kazakh Invest has been awarded with the AIM Investment Award (Runner Up) in recognition of the outstanding work in attracting sizeable foreign direct investments in 2018 and, thus, contributing to the economic growth and development of Kazakhstan. Thus, in 2018, gross inflows of foreign direct investment to Kazakhstan amounted to USD24,3 billion, that up by 15.8% compared to the previous year.
Annual Investment Meeting (AIM) took place in Dubai on 8-10 April, 2019. The AIM is the largest investment event initiated by the UAE Ministry of Economy and held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. The AIM hosts over 20,000 visitors from 143 countries all over the world to connect businesses and countries for sustainable investment partnerships.