Prime Minister Olzhas Bektenov took part in the VII Kazakhstan Round Table on Global Investments (KGIR-2024). More than 500 business representatives gathered at the site, including heads of leading international and Kazakhstani companies in the fields of agriculture, food industry, energy and mining industries, financial sector, as well as representatives of domestic entrepreneurship, investors. The plenary session was devoted to the topic "Global investment trends: a vision for the future".
Opening the work of KGIR, Olzhas Bektenov noted that the round table is a logical continuation of the meeting of the Council of Foreign Investors, held yesterday under the chairmanship of the Head of State, and is aimed at building a close dialogue with the business community.
The Government of Kazakhstan, in accordance with the instructions of the Head of State, is systematically working to create a favorable investment climate. Today, there are 14 special economic zones in the country, where tax and customs preferences are provided for investors, the procedure for hiring foreign labor is simplified, and administrative barriers to business are reduced. The Investment Headquarters under the Government is working on an ongoing basis to promptly resolve the issues of entrepreneurs. The "Green Corridor" mechanism, or Fast-track, is being launched, speeding up the passage of licensing procedures for priority investment projects. Conditions have been created to ensure maximum protection of the rights and interests of domestic and foreign investors. Thus, foreign businesses are given the opportunity to choose between English law in the AIFC and the national legal system.
KGIR participants shared their experience in implementing projects in the country and outlined prospects for further cooperation.
Yan Gochuan, Deputy General Director of China Energy Investment Corporation, stressed the importance of cooperation in the energy sector and expressed confidence in the potential of joint projects: "We will make full use of our advanced technologies, professional potential and excellent management team in the energy sector to actively participate in Kazakhstani projects on the development and environmentally friendly use of coal, new energy, infrastructure support. It is important for us to contribute to the friendly cooperation between China and Kazakhstan."
Nitin Kapoor, Vice President for the International Biopharmaceutical Region of AstraZeneca, in his speech outlined the importance of Kazakhstan as a key player in the pharmaceutical market of Central Asia. The company's efforts to develop local production and innovative solutions were noted.
"Kazakhstan is the engine of AstraZeneca's business in Central Asia, and as a global biopharmaceutical company, we support the ambitions of the Government of Kazakhstan to become the center of the pharmaceutical industry in the region," Nitin Kapoor emphasized.
Also during the plenary session, Ramez Al-Hayat, President of Power International Holding, Li Xuechun, Chairman of the Board of Directors of Fufeng Group Limited, Marco Arcelli, Chief Executive Officer of ACWA Power, Lars Lehmann, Executive Vice President for Europe, India of Carlsberg Group, Andrew Deleone, President for Africa, Middle East and Central Asia of Alstom, and Matteo Patrone, Vice President for Banking Operations at the European Bank for Reconstruction and Development (EBRD).
The Prime Minister stressed that the development of industry is an important priority for the country, and called on foreign companies to work more closely with the Kazakh business community.
"The Government of Kazakhstan will make every effort to maintain a stable and predictable investment climate. We attach great importance to direct interaction with investors at every stage of the project implementation, aimed at protecting your rights. Domestic companies, working in the supply chain with large investors, adopt experience and raise quality standards. Large investment projects have a multiplicative effect on the development of the SME belt, contributing to the formation of a diversified economic ecosystem. We strive to ensure that with the development of foreign production in Kazakhstan, the share of Kazakhstani content in products also grows. Special attention is paid to the support of Kazakhstani personnel. We welcome and encourage foreign investors to actively hire local specialists at all levels," Olzhas Bektenov said.
Following the results of KGIR-2024, a package of 32 documents worth a total of $7 billion was signed, including in the presence of the Prime Minister:
Agreement on strategic cooperation between the Akimat of Akmola region, KAZAKH INVEST and Dalian Hesheng Holding Group on deep processing of wheat in the amount of $650 million;
Agreement on strategic cooperation between the Ministry of Industry and Construction of the Republic of Kazakhstan, KAZAKH INVEST and CHN Energy for the production of carbon chemical products in the amount of $4 billion;
Investment agreement between Orhun Medical LLP and the Government of the Republic of Kazakhstan on improving medical services and healthcare infrastructure in the amount of $80 million;
Investment agreement between SILK WAY ENERGY LTD and the Government of the Republic of Kazakhstan on the construction of a natural gas liquefaction plant with a power consumption of up to 1,000,000 nm3/day in Panfilovsky district of Zhetysu region in the amount of $305 million;
The Agreement on the Implementation of the Project between JSC NC KTZ and Transportation Global El-El-Si on the introduction of digitalization and elements of artificial intelligence in the field of railway engineering. The amount of the agreement is $10.4 million;
Framework agreement on basic principles between Carlsberg Kazakhstan LLP and the Ministry of Agriculture of the Republic of Kazakhstan on the construction of a plant for the production of soft drinks in the Republic of Kazakhstan in the amount of $100 million.
Framework agreement on basic principles between Shin-Line LLP and the Ministry of Foreign Affairs of the Republic of Kazakhstan on the creation of a food cluster in the Almaty region with the participation of leading global companies (35 production facilities are being worked out);
Agreement on basic principles between the Akimat of Kostanay region and Tech Digital LLP in the field of production of high-quality bars and profiles made of aluminum alloys;
Memorandum of cooperation between the Akimat of the West Kazakhstan region and Hyundai Solar KZ 777 LLP on the construction of a solar power plant, a waste recycling complex, an incineration complex, a modular greenhouse complex in the amount of $167 million;
Joint plan for exploration potential studies at the Severny 1 block between JSC NC QazaqGaz and CNPC;
Memorandum of Understanding between Otbasy Bank JSC and the Asian Development Bank on the project to promote inclusive and green housing finance in the Republic of Kazakhstan.
During the plenary session, the best investor companies were noted: Linde Gas GmbH, an enterprise in the field of industrial, medical gases and engineering, Shin-Line food production, KazFoodProducts group of companies for deep processing of grain crops and confectionery production, Orhun Medical group of companies in the field of healthcare, Jiaxin International Resources Investmen tungsten ore development companyt, Alstom railway engineering company, Zerde-Ceramics Aktobe porcelain tile factory, Zharkent Starch Plant corn processing plant, the leading railway cluster of the Republic of Kazakhstan Railways Systems KZ, the Carlsberg Group brewing company.

Source : https://www.gov.kz/memleket/entities/moa/press/news/details/875817