Kazakhstan creates negotiating team with investors
A special negotiating team “Task Force” to work with investors was created in Kazakhstan. The main task of the group is to provide support for projects from the development process to implementation. The team has already started to work on 14 projects in the sectors of chemistry, petrochemistry, mechanical engineering, metallurgy and agriculture. The professional team of negotiators consists of employees of the National Company KAZAKN INVEST and the Astana International Financial Centre. The representatives of central government bodies, business and the diplomatic corps will be involved in the work as well. The projects that are worked out with investors will then be submitted for consideration by the Investment Headquarters chaired by the country’s Prime Minister.
“Medium-term plans for today are the formation of a pool of projects that they will accompany at the national level. To date, this pool includes 14 projects with a total value of more than US$4 billion. They will be supplemented as the team works. This division will provide end-to-end support for projects, from the development and structuring process to the start of investment projects,” said Azamat Kozhanov, Spokesperson of “Kazakh Invest” National Company.
Translation by Saniya Sakenova
Editing by Galiya Khassenkhanova