Меню
According to the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, the trade turnover between Kazakhstan and Italy for 9 months of 2021 amounted to 6.68 billion US dollars (exports - 6.11 billion; imports - 570 million), that is, the total trade turnover increased by 16.2% of them, export growth by 20.8%. Compared to last year, imports from Italy to Kazakhstan decreased by -18%.
Thus, Italy remains the third strategic trade partner of Kazakhstan after Russia and China with a specific weight of more than 9.2% (8.9% in 2020) in the total volume of Kazakhstan's foreign trade turnover for 9 months of this year.
The number of registered companies with Italian participation in Kazakhstan is 255 (data as of October 2021), of which 246 are small, 5 medium and 4 large enterprises.
Mainly, enterprises are engaged in construction, trade and scientific and technical activities.
According to the data of the National Bank of the Republic of Kazakhstan, for the period 2015-2020, the gross inflow of investments from Italy to Kazakhstan amounted to more than 1.2 billion US dollars, that is, an average of 200 million US dollars annually.
According to the criteria of the Investment Committee, Italy is in the first category of countries to attract foreign investment.
In May 2021, the Country Investment Program for Italy for 2021-2023 was approved, within the framework of which 7 targeted industries and 44 targeted Italian companies were identified, and in accordance with this program, systematic and purposeful work is being carried out.
For reference: LEONARDO: Leonardo DRS, Leonardo International, Vitrociset, FATA Logistic Systems,Telespazio, Thales Alenia Space, MBDA, ATR, Elettronica, Avio, Larimart; FINCANTIERI, IVECO, e-GEOS, Alpi Aviation, SDF Group: Same, Lamborghini, Deutz Fahr, Hurlimann, Gregoire; Maschio Gaspardo, Enel, Hafner, Gruppo Falck, Irritec, Policlinico di Monza, Kedrion, NEOS, Italian Hotel Association, Tuvia group, Project Informatica, CNI, Mastery, Inalca, Ferrero, Barilla, Felicetti, Granarolo, Bonifiche Ferraresi, FAVA, PAVAN, Pomorete.
The main positive results of the Embassy in the investment direction are:
- In March 2021, in Kostanay, an agreement was signed between the Italian transnational holding SDF group and Agromash Holding KZ JSC on the joint production of agricultural tractors and combines under the Duetz-Fahr brand under the Made in Kazakhstan with Italy trade mark. We expect the first batch of tractors and a combine harvester to be produced by the end of the year.
For reference: according to Agromash Holding, the company is revising its strategy and plans to switch completely to the standards of the European partner.
- On 9th June of this year business forum “Italy-Kazakhstan” was held with the participation of the Ministers of Foreign Affairs of Kazakhstan and Italy, which was attended by more than 700 participants, including heads and representatives of 600 companies from Italy and Kazakhstan. More than 200 B2B meetings were held within the framework of the business forum.
- On 6th July of this year on the Day of the Capital, the first special direct flight of the NEOS airline took place, from Milan to Almaty with a delegation of Italian entrepreneurs and tour operators.
For reference: at this time, the Italian company is awaiting permits from the Civil Aviation Committee of the MIID for making regular flights.
- In July of this year. with the support of the Embassy of the Republic of Kazakhstan in Italy, a joint venture PetrolValves Kazakhstan was established in Nur-Sultan between the Italian international company PetrolValves group S.p.A. and a Kazakh company LLP “Merlion Development group” for the production of valves and compressor technology. It is planned to build a plant for the production of valves and compressor technology in the city of Aksai, West Kazakhstan region.
For 10 months of 2021, the Embassy has organized more than 6 visits of potential Italian investors to Kazakhstan to the cities of Nur-Sultan, Almaty, Kostanay, Shymkent, Turkestan and we have held more than 25 meetings with Italian companies.
The main target industries are: agriculture, agricultural engineering, light industry, construction, information technology, tourism, defense and aerospace industries.
In addition, in accordance with the Country Export Program for Italy for 2021-2025, the Embassy is actively and systematically working to promote Kazakhstani exports. An example is the intention of Savi Italo Srl to purchase grain up to 50 thousand tons, change flax 9 thousand tons and other crops.