19 foreign companies relocated to Kazakhstan

Prime Minister Alikhan Smailov spoke about the work on attracting foreign capital to Kazakhstan at the enlarged Government session.

Alikhan Smailov noted that in accordance with the pre-election program the President of Kazakhstan is working to attract at least $ 150 billion in foreign direct investment over the next 7 years. Thus, in the first half of the year $14.5 billion in direct investment has already been attracted, which is 28% more than in the same period of last year.

"We are working with a nationwide pool of 850 investment projects worth 30 trillion tenge to create 131,000 new jobs. This year 190 projects worth 2 trillion tenge will be commissioned and 18,500 new jobs will be created," he said.

The Prime Minister added that work on the repatriation of a number of foreign companies to Kazakhstan is in progress. To date, 19 companies have already been relocated, the others are being worked out.

https://primeminister.kz/en/news/19-foreign-companies-relocated-to-kazakhstan-1211754