Baku, Azerbaijan, Feb. 26
By Ali Mustafayev – Trend:
Kazakhstan’s Kazakh Invest company offered 47 big investment projects in the priority sectors of the Kazakh economy to Turkish businessmen, the press service of Kazakh Invest (National Company for İnvestment Support and Promotion) said in a message.
Chairman of the Board of Kazakh Invest Saparbek Tuyakbayev paid a working visit to Turkey on February 23-24, where he met with the leaders of six major Turkish companies – KOÇ Holding, YILDIZLAR SSS Holding, YILDIRIM Holding, KİBAR Holding, SABANCI Holding, DAL Holding Investment.
These holdings are large transnational companies with a total annual turnover of about $150 billion.
Turkish businessmen expressed interest in implementing investment projects in Kazakhstan, noting the country's strategic location for expanding its production facilities and sales markets to the countries of the EEU and PRC, according to the message.
Kazakh Invest and KOÇ Holding signed an agreement on the production of tomato and canned products in Kazakhstan’s Kyzylorda region. The company also expressed an interest in participating in a project for the production of liquefied petroleum gas.
YILDIRIM Holding starts realizing projects on exploration of solid minerals together with Kazgeologia JSC for $10 million, as well as for the production of soda ash in Kazakhstan’s Zhambyl region, the amount of investments will be $220 million.
KIBAR Holding decided to participate in the project for the production of sandwich panels in Kazakhstan’s Mangistau region.
Dal holding, in turn, participates in the project for the extraction and processing of barite ores and concentrates in Kazakhstan’s Zhambyl region.