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Least attractive Kazakh economy sectors for French companies revealed

Business Materials 4 July 2020 11:28 (UTC +04:00)
Least attractive Kazakh economy sectors for French companies revealed

BAKU, Azerbaijan, Jul. 4

By Nargiz Sadikhova – Trend:

The number of companies operating in Kazakhstan with France’s capital amounted to 164 companies as of Jun.1, 2020, which is 3 companies more than as of Jan. 1, 2020 (161 companies), Trend reports with reference to Kazakhstan’s Statistics Committee.

Of 164 companies registered, 119 proved to be active, which also is 3 companies more than as of Jan. 1, 2020 (116). Furthermore, of total French companies registered in Kazakhstan 162 are small and 2 large. There are no medium-sized companies with French capital operating in Kazakhstan.

The majority of the companies with French capital (35 companies) operate in Kazakhstan’s wholesale and retail trade sector, as well as in vehicles repair.

The next greatest number of companies (28) with French capital operates in Kazakhstan’s professional, scientific and technical activity. The third place accounts for 13 French companies operating in transport and warehousing industry of Kazakhstan.

In turn, the least number of companies with France capital operates in the following sectors:

- water supply sector; collection, processing and removal of waste, liquidation activities;

- finance and insurance sector;

- operations with real estate;

- education sector;

Only one Kazakh-based company with French capital operates in each of these sectors.

Furthermore, no companies with France’s capital operate in Kazakhstan’s compulsory social security; healthcare; entertainment; and in activities of extraterritorial organizations and bodies.

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Follow the author on twitter: @nargiz_sadikh

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