Council is held under the theme “The new investment cycle of Kazakhstan”
Zhanna BAIDASHYEVA, director of the Kazakhstan Foreign Investors’ Council Association, spoke about the areas of the Kazakh economy that are of interest to Chinese and American investors, Kazinform News Agency correspondent reports.
Today’s Council is held under the theme “The new investment cycle of Kazakhstan”. Earlier, the President announced and set a major task before Kazakhstan, which is to attract over 400 billion US dollars in the country in five years, including around 150 billion US dollars in the next two years. This is a significant amount. For example, Kazakhstan has attracted 417 billion US dollars during the years of its independence. The bulk of these investments came from the companies and a group of key investors that make up the Foreign Investors’ Council, said Baidashyeva.
According to her, investors from Europe, the US, Southeast Asia, including China, Japan and Singapore, are keen on investing in projects in Kazakhstan.
China eyes investments in the oil and gas sector, the US also in the oil and gas sector as well as subsoil use, Europe in healthcare, said Baidashyeva.
Earlier it was reported that the 36th plenary meeting of the Foreign Investors' Council (FIC) under the President of Kazakhstan kicked off at the Palace of Independence in the Kazakh capital of Astana.
Established in 1998, the Foreign Investors' Council provides direct dialogue between the Kazakh government and foreign investors for efficient settlement of problematic issues related to their investment activity in the country and better investment climate in Kazakhstan.
Photo: Pexels.
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