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Consul General of Iran in Kazakhstan outlines local investment opportunities

Business Materials 25 June 2021 16:01 (UTC +04:00)
Consul General of Iran in Kazakhstan outlines local investment opportunities

TEHRAN, Iran, June 25

Trend:

Consul General of the Islamic Republic of Iran in Aktau, Kazakhstan, Habibullah Malakotifar examined Iran's opportunities for economic and trade cooperation, as well as potential opportunities and capacities in various fields, Trend reports citing Fars News Agency.

Speaking of investment opportunities, in Aktau, Malakotifar said that the Kazakh government has identified priorities for investment in the Mangystau Region, which includes investments in the oil industry, transportation, industrial complexes, tourism and alternative energy.

Accordingly, Iran recommends investing in beach areas that are free of charge for projects such as recreational areas, beach water parks, hotels and beach resorts, he said.

“All the necessary facilities and infrastructure will be provided to the investors by Kazakh Government,” he said. “In addition, the mentioned projects are exempt from government taxes.”

Regarding alternative and renewable energy, he said that the conditions are provided in this region for the construction of solar and wind power plants.

He urged the companies engaged in investing in renewable energy, to visit the region.

Speaking of the agricultural sector, he suggested Iran and Kazakhstan to make joint investments in establishing greenhouses, livestock and fish farms.

Referring to the special economic or free zones of Kazakhstan, he said that a special economic zone in Aktau, provides favorable and diverse economic and industrial advantages for investors.

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