The inflow of foreign direct investment in Kazakhstan grew by 15.4%. This was reported on October 23 at a meeting of the Government of the Republic of Kazakhstan by the Minister for Investment and Development Zhenis Kasymbek.
According to him, Kazakhstan is the leader in attracting direct investments in Central Asia, whose share is about 70%.
“For 9 months of this year, the total volume of investments in fixed assets increased by 21.6% and amounted to 7.5 trillion tenge (for 9 months of 2017 - 5.7 trillion tenge). In the first half of the year, the gross inflow of foreign direct investment (FDI) grew by 15.4% and amounted to $ 12.3 billion (in the first half of 2017 - $ 10.5 billion), ”the head of the department noted.
Growth is shown by such sectors as mining industry - $ 6.7 billion (growth by 13.6%), transport - $ 393.3 million (growth by 21.7%), trade - 2 billion tenge (growth by 37.3%) , financial and insurance activities - $ 359.5 million (1.7 times increase), information and communications - $ 124.2 million (5.7 times).
The ministry has formed a list of projects with the participation of transnational companies from 34 projects worth about $ 10.6 billion.
“At the implementation stage, there are 12 projects worth $ 1.4 billion, of which 8 projects worth $ 1 billion have entered the active implementation stage this year. Significant projects worth noting are the German Linde Group for the production of industrial gases with an investment of $ 83 million, the Dutch Farm Frites for processing potatoes with an investment of $ 165 million, the Belgian Carmeuse Group for the production of high-quality lime with an investment of $ 70 million, the Turkish Yildirim Holding for the production of soda ash to the amount of $ 220 million, Chinese CNPC for the production of steel pipes, China Gezhouba Cem for $ 194 million for the production of cement, ” the minister said.
At the development stage, there are 22 projects totaling $ 9.2 billion. These are Chinese Citic Group for the production of high-grade lubricants, Japanese Hanacans for the production of aluminum products and Marubeni for the production of vegetable oil, and French Servier for the production of medicines.
