Kazakhstan's PM discusses energy, food and space investments with foreign firms

Kazakhstan's Prime Minister Olzhas Bektenov held bilateral meetings with executives of Aksa Energy, Carlsberg Kazakhstan, Solico Group and CONTEC on the sidelines of the IX Kazakhstan Global Investment Roundtable in Shymkent. Discussions covered current and planned investment projects in energy, agro-industry, food processing and the space sector, as well as raising the share of Kazakhstani content.

Aksa Energy highlighted the successful launch of a 215 billion tenge combined-cycle power plant in Kyzylorda. The station, with an electric capacity of 240 MW and a thermal capacity of 277 Gcal/h, entered commercial operation in June this year. Carlsberg Kazakhstan, the official PepsiCo distributor in Kazakhstan, opened a $344 million soft drinks plant in Almaty region on October 1, creating 230 permanent jobs. Its Kazakhstani content share stands at 71.5%.

Solico Group is building a cheese plant in Almaty region with an investment of about 45 billion tenge and annual capacity of 41,000 tonnes, expected to create around 450 permanent jobs. Commissioning is planned for 2029. With CONTEC, talks focused on joint satellite production, ground infrastructure and AI-based processing of satellite data. The Prime Minister instructed relevant ministries and agencies to support the investment projects.