04.03.22
Turkey is one of the most priority trade, economic and investment partners of Kazakhstan. According to the results of last year, the trade turnover between the countries increased by 33% and exceeded $ 4.1 billion. Over the past 15 years, Turkey has invested more than $ 3.5 billion in economy of Kazakhstan. This became known during the Kazakh-Turkish business forum, reports primeminister.kz .
Speaking at the forum, Prime Minister of Kazakhstan Alikhan Smailov noted that today there is a significant increase in the interest of Turkish investors in Kazakhstan. "Despite the pandemic, Kazakhstan has been attracting record volumes of investments from Turkey for the third year. For 9 months of last year, the gross inflow of foreign direct investment from Turkey increased almost 2 times and amounted to about $ 535 million. This is a sign of great confidence in Kazakhstan and evidence that special attention is paid in our country to improving the investment climate," Alikhan Smailov said.
About 3,700 companies with the participation of Turkish capital operate in Kazakhstan. In total, 58 major projects worth about $2 billion have been jointly implemented. Projects have been successfully launched in such industries as the mining and metallurgical complex, infrastructure, food industry and pharmaceuticals. At the stage of implementation, 27 projects worth about $ 2.5 billion are being implemented, 55 promising projects worth more than $ 1 billion are also being jointly worked out. According to the Prime Minister of Kazakhstan, Kazakhstan was able to overcome the economic consequences associated with COVID-19. For example, at the end of last year, industrial growth was 3.8%, including 5.5% in the manufacturing industry. Kazakhstan is also interested in the participation of Turkish companies with a high level of experience to implement projects in the energy sector.
As a result of the forum, 10 commercial documents were signed. As part of the implementation of the agreements, investors intend to build transport and logistics centers with air cargo in the West Kazakhstan region and Aktobe regions, a pharmaceutical plant in Almaty, an enterprise for the production of medical products, masks and respirators, a plant for the production of stainless steel products, metal steel structures, a shopping and entertainment center in the capital, etc. The total amount of investments in these projects will be about half a billion dollars.
