45 documents worth USD 9 billion signed as part of Kazakhstan Global Investment Roundtable
45 documents worth USD 9 billion dollars were signed today during the Annual Round Table for Global Investment, a correspondent of Khabar 24 reports.
The event was attended by over a thousand experts and business representatives from around the world. In recent years, favorable conditions have been created for foreign entrepreneurs in the country.
According to foreign investors, first of all, they are expressed in the security of investments, the stability of the legislation, the economy and politics. One of the promising areas of businessmen is the food and agricultural industry, logistics and transport, IT technology and construction. They are ready to develop these areas in Kazakhstan and invest in them.
Askar Mamin, the Prime Minister of Kazakhstan:
- Investment is one of the important tools for the development of our economy. More than KZT300 billion was invested in the Kazakhstan economy over the years of independence. In 2018, our country received 24 billion of indirect foreign investment made in Central Asia. Investments in the fixed assets show a positive trend. In this regard, the Astana Center is doing a great job using the best practices of financial institutions of New York, London and Shanghai.
The largest investment project in Central Asia worth more than one billion USD will be implemented in the Turkestan region. They plan to build a greenhouse complex with a total area of about five hundred hectares. A Russian company is investing there. Most of the agreements reached with companies in Turkey, Germany, America, Singapore, United Arab Emirates, Korea and neighboring countries.
Alexander Rudakov, an entrepreneur / Russia /:
- We are grateful to the Government of Kazakhstan for the full support in the implementation of these investment projects. They help us create infrastructure. It is very important for us. This reduces our investment budgets and makes our projects more attractive and with a shorter investment return.