MFA, MIID and Union of Mechanical Engineers of Kazakhstan will assist in the development of the Karaganda SEZ “Saryarka”

KARAGANDY, November 30, 2019 — The Minister of Foreign Affairs Mukhtar Tileuberdi visited the Saryarka free economic zone in the Karaganda region, where he got acquainted with the activities of a number of enterprises with foreign capital. As part of the trip, a meeting was held to discuss the features of the economic zone and the possibilities of attracting foreign investment.

“We specially came to see your free economic zone and what can be offered to foreign investors. Good conditions have been created here to attract investment, as evidenced by existing enterprises. We want to set a trend to develop mechanical engineering in this SEZ,” the Foreign Minister noted.

The event resulted in a quadrilateral document on the development of the zone, which was signed by the Ministry of Foreign Affairs, the Ministry of Industry and Infrastructure Development, the Akimat of Karaganda Oblast and the Union of Mechanical Engineers of Kazakhstan.

SEZ “Saryarka” was established in November 2011. The area is 600 hectares, with 15 registered participants and 7 implemented projects. Another 8 are under implementation. The volume of investments exceeded 90 billion tenge.