Baku, Azerbaijan, Dec. 5
By Nigar Guliyeva – Trend:
Agreements worth $3.5 billion are planned to be signed following the Kazakhstan Global Investment Roundtable, Minister for Investments and Development Zhenis Kassymbek told reporters before the forum Dec.5.
"Today we plan to sign 12-13 various agreements, contracts, memoranda worth $ 3.5 billion, which cover different branches, inclduing the mining and metallurgical complex, agriculture, transport and logistics," the minister said.
He said that more than 100 international companies participate in the forum. Today, a $ 800 million contract will be signed for the project on the agro-industrial complex, which will be the largest investment agreement of this forum. Also, there will be signed a final contract for the construction of the Big Almaty Ring Road.
"There are also a lot of agreements in the agricultural sphere between regions and foreign companies, Including Iranian, Turkish companies and many others. There are also a number of Chinese industrial projects that will also be agreed," the minister said.
The minister said that, in general, $10 billion were attracted to the Kazakh economy in the first half of 2017. Until the end of the year, it is planned to maintain these indicators. With amendments to the legislation on attracting investments and opening a new national investment company Kazakh Invest, it is planned to increase the volume of investments next year.
Kasymbek noted that this year the growth rate of investments can be 8 -10 percent.