Kazakhstan will receive $1,7 billions of investments from Turkey

Within frameworks of Kazakhstan and Turkey investment forum in Ankara 22 commercial agreements were signed on investment and trade-economic cooperation between the two countries.

Егемен Қазақстан
13.09.2018 3240

The projects with a share of Turkish capital are aimed first of all at development of non-resource sector of the country economy. Besides they will provide more than 3000 jobs.

“Today Turkey takes the second place in the number of companies with foreign capital share. Growing number of Turkish companies in our country is one of the basic factors contributing to exchange of capital, best practices and technologies between our countries”, - stated the First Deputy Prime-Minister of the Republic of Kazakhstan – A. Mamin, who opened Kazakhstan and Turkey investment forum.

Kazakhstan and Turkish companies have signed 22 commercial documents in the total amount of around 1,7 billions of US dollars. The documents are aimed at realization of different investment projects. Thus, for example, in Zhambyl region it is planned to build a factory for production of soda ash (Na2CO3), which is used in metallurgical, chemical and glass making industries, with total cost of 270 millions of US dollars with creation of 350 jobs.

According to understanding reached between Kazakh Invest and Eksen Group Turkish investors plan to build a new financial, social and business center – Downtown Almaty – in Almaty city at a cost of 300 millions of US dollars. Downtown Almaty will accommodate business centers, premium class apartments and JW Marriot hotel.

Mayor's administration of Turkestan region and DAL Holding have signed the Agreement on realization of the project pertaining to construction of a greenhouse facility at a cost of 200 millions of US dollars with creation of 700 jobs.

New large scale projects are being realized currently in Kazakhstan with participation of such major Turkish companies as Yildizlar SSS Holding, DAL Holding, Zorlu Holding, Calik Holding, Oyak Holding, Enprode and other.

This reflects growth of interest of new Turkish transnational companies, which operate in industries of top priority for Kazakhstan economy. “We can speak of strengthening of expansion trend of large Turkish holdings on the market of Kazakhstan. Whereas traditional industries, where Turkish investors came, were in the past considered to be hotel business, production of construction materials at the level of small and medium business, today major Turkish companies open such new industries as mining and metallurgy, agriculture, agricultural chemistry, metallurgy, treatment industry and much more” - explained S. Tuyakbayev – chairman of Kazakh Invest National Company JSC Board of directors.

H. Arslan – chairman of YDA Holding Board of directors – has emphasized that Turkish investors are interested in expansion of their production in Kazakhstan due to political stability, conducive investment climate, opening access to markets of Eurasian economic union, Central Asia and West China. Constant improvement of legislation and implementation of new investment mechanisms such as state and private partnership – Astana International financial center – is of great significance.

“Very interesting opportunities open within frames of realization of Nurly zher, Nurly zhol industrial innovation development state programs”, - said H. Arslan in the context of the forum aimed at creation of dialog platform for convergence of Kazakhstan and Turkish state authorities, business communities of national and private companies, holding of negotiations and reaching mutually beneficial understandings.

Kazakhstan and Turkish investment forum has been arranged by Kazakh Invest with support from Republic of Kazakhstan Embassy in Turkey. The following persons have participated in the event: the First Deputy Prime-Minister of the Republic of Kazakhstan – Askar Mamin, the Minister of energy and natural resources of the Republic of Turkey – Fatikh Donmez, chairman of the board of directors of Samruk-Kazyna national welfare fund JSC – Akhmetzhan Yessimov, chairman of the board of directors of Atameken national chamber of entrepreneurs – Ablai Myrzakhmetov, the Minister of investments and development – Zh. Kassymbek, chairman of the board of directors of Kazakh Invest national company – Saparbek Tuyakbayev as well as representatives of more than 200 Kazakhstan and Turkish companies.

LATEST

20.03.2019

Zhanat Yeshmagambetov dismissed as vice minister of justice

20.03.2019

Statement by the Ministry of Foreign Affairs of the Republic of Kazakhstan

20.03.2019

Dariga Nazarbayeva elected as Kazakhstan's Senate Speaker

20.03.2019

Qasym-Jomart Toqaev takes office as President of Kazakhstan

20.03.2019

Alikhan Smailov and PRC Vice-Premier of State Council Han Zheng discussed bilateral cooperation

20.03.2019

Statement of the Government and National Bank on continuity of macroeconomic policy

19.03.2019

Address of the Head of State Nursultan Nazarbayev to the people of Kazakhstan

19.03.2019

Qasym-Jomart Toqayev to serve as interim President

19.03.2019

The First President – Elbasy signs a number of decisions

19.03.2019

Kazakh President decided to resign

19.03.2019

Prime Minister Askar Mamin presents new akim to activists of Akmola region

19.03.2019

The Head of State makes personnel changes

19.03.2019

Kazakh President to address people of Kazakhstan

19.03.2019

The Portuguese edition of the «Era of Independence» presented in Brasilia

19.03.2019

Askar Mamin instructs to create effective system for regulating social and labor relations

19.03.2019

The new project Piccolo Theatre or Little Theatre will be presented

19.03.2019

Salary increase and conflict resolution: Government considers issues of improving labor conditions

19.03.2019

Askar Mamin: Distribution of flats to large families in need will start from May 1

19.03.2019

Azerbaijan to improve performance on oil production cuts under OPEC+

19.03.2019

Davide Ballerini has impressive day in Tirreno-Adriatico Stage 6

COLUMNISTS

Aliya Ashim, Journalist

Brazil’s version of Trump: why is it a «wake-up call» for the world?

<p style="text-align: justify;">A racist, a homophobe, a misogynist, a pro-torturer. Because of the profane outbursts and verbal abuse, he has earned such an image and was even considered as a political clown. Once he insulted lawmaker claiming that she was too ugly to be worth of raping. What is more, he said that he’d rather have a dead son than a gay one. Therefore, analysts concluded that Brazil has elected the most extremist president among democratic countries. So why did Brazil decide to make «really radical shift»? How did such an «extreme» and «unpleasant» figure become a president?<br /> </p>

Jylkybay Jagyparuly,

Mechanical engineering is a potential pillar of the economy

In industrialized countries, one of the most important indicators of the economy is the level of development of the machine-building industry. Independent Kazakhstan, striving to achieve ambitious goals, is making great efforts to develop machine building in the process of diversifying its economy.

Alisultan Kulanbay,

June 4 - Day of State Symbols of Kazakhstan

State symbols - the State Flag, State Anthem and State Emblem demonstrate to the world the independence of the Republic of Kazakhstan, also continuity between the past, the present and the future of the state.

Ainash ESALI,

Is it all good that they advertise?

Advertising is the driving force of production and business. This is an indisputable fact.

Nazira RAKHMANKYZY, Film critic

Splash of commercial films in Kazakhstan

Last year, the number of feature films which filmed reached thirty-six in Kazakhstan. We should say that it is an unprecedented figure in the history of Kazakh cinema in the last quarter century.

Comments(0)

ADD A COMMENT