Agreements worth more than $2.1 billion signed at the 2021 Kazakhstan Global Investment Round table  

Agreements worth more than $2.1 billion signed at the 2021 Kazakhstan Global Investment Round table   

Nur-Sultan, December 7, 2021 - Deputy Prime Minister - Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi chaired the Kazakhstan Global Investment Roundtable (KGIR 2021), the fourth annual round table on global investments, dedicated to the 30th anniversary of Kazakhstan's independence.

More than 1,000 delegates attended the hybrid event, including representatives of foreign business, major investors and world experts from 50 countries, including top management of major global companies such as Goldbeck Solar, INOKS Capital, Chevron, ENI, Valmont Industries, Yildirim Group.

In his speech, Mr. Tileuberdi stressed that Kazakhstan is a leader in attracting foreign investments in the region, with the accumulated capital over the years of independence of more than 370 billion US dollars. "Today we are confidently heading for a clean, innovative and diversified model of the economy. To do this, we are taking concrete steps, where comprehensive support for investors is defined as one of the national priorities," the head of the Foreign Ministry said.

Topical issues of investment climate development were also discussed during the event and a number of B2B meetings with foreign partners were held to discuss the implementation of potential projects in Kazakhstan.

President of Technonicol Sergey Kolesnikov, President of YDA Group Hussein Arslan, CEO of Goldbeck Solar Joachim Goldbeck, founder and member of the Board of Polcotton Alois Schonberger, Chairman of the Board of Orhun Medical Gonench Dyryk were among the speakers of the event.

Several foreign investors were given awards for their contribution to the development of agribusiness, pharmaceutical industry, infrastructure development and human capital. Among them are Chevron, Citibank Kazakhstan, Anadolu Group, Philip Morris International, Hevel, INOKS Capital, Georgian Industrial Group, Goldbeck Solar, Air Liquide, Danone, Polpharma, Lactalis, and others.

The round table resulted in several investment agreements. Thirty commercial agreements totaling more than 2.1 billion US dollars, as well as six non-commercial documents were signed in industries including agribusiness, mining and metallurgical complex, mechanical engineering, healthcare, pharmaceuticals, and energy.