ASTANA, Kazakhstan, March 14. The Turkish company Akplas will get acquainted with investment opportunities in the Turkestan region of Kazakhstan, Trend reports.
An agreement on this was reached during the visit of the delegation of the Kazakh region to Türkiye.
During a meeting with company representatives, the head of Turkistan Invest LLP, Berik Kenzhebayev, noted that more than 50 investment projects with the participation of Turkish investments (accompanied by Turkistan Invest) are being implemented in the region.
He presented the investment potential of the Turkestan region and the possibilities of industrial and special economic zones, where all conditions for investors have been created.
As a result of the negotiations, an agreement was reached that company representatives would visit the Turkestan region this month.
To note, Akplas, founded in 1995, is engaged in the production of drip and sprinkler equipment. The company covers 40 percent of the Turkish market. Every year, the company processes 28,000 tons of polyethylene raw materials.
Meanwhile, the volume of trade turnover between Kazakhstan and Türkiye amounted to $6 billion in 2023. The volume of trade turnover decreased by 5.3 percent compared to the same period in 2022 ($6.3 billion).
At the same time, in the structure of trade turnover, exports to Türkiye for the above period amounted to $3.9 billion, which is 16.4 percent less than from January through December 2022 ($4.7 billion).
In addition, imports from Türkiye from January through December 2023 increased by 27 percent and amounted to $2 billion. In 2022, imports amounted to $1.6 billion.