Over 40 major projects involving
foreign capital will be launched in Kazakhstan this year. The government has
reviewed the activities of the Kazakh Invest national company, which is
currently accompanying 200 projects totaling more than $27 billion. An American
company is slated to inaugurate a production facility for ultrasound and CT
scanners in Astana, providing Kazakh hospitals with medical equipment and
paving the way for future exports to other countries. Additionally, Kazakh
Invest is set to initiate educational programs to enhance the qualifications of
local healthcare workers. One of the representatives of Swiss businesses will
launch the production of anticancer medications in Almaty, with plans for
future global distribution. Another company from Austria is set to localize the
production of building materials in the capital, thus reducing the country’s
dependence on imports. Under the instructions of Prime Minister Olzhas
Bektenov, Kazakh Invest should focus on enticing investors to promising projects
on deep grain processing, high-demand plastics production, oil and gas
equipment localization, and other high value-added products.
