Kazakhstan and
South Korea are jointly implementing five investment projects worth $1.5
billion. This was discussed during a meeting between Kazakh Prime Minister
Alikhan Smailov and South
Korea's Trade Minister Ahn Duk-geun. The parties also noted that an
additional 25 promising projects worth $500 million are currently in the
development phase. As an example, Smailov highlighted the construction of a new
KIA car plant. He also added that the Kazakh government will continue to create
all necessary conditions for investors to work comfortably in the country. It
is noteworthy that South Korea is among the TOP 10 largest investors in
Kazakhstan’s economy, with more than $9 billion invested in the country over
the past 18 years.
