Kazakh Prime Minister discusses joint projects with foreign investors

Prime Minister Olzhas Bektenov met with executives of Aksa Energy, Carlsberg Kazakhstan, Solico Group and CONTEC in Shymkent, on the sidelines of the ongoing IX Kazakhstan Global Investment Roundtable, to discuss investment projects in Kazakhstan.

The talks covered expanding cooperation in energy, the food industry, the agro-industrial complex and space, as well as localising production and introducing new technologies. Raising the share of domestic products and suppliers was given priority. At the meeting with Aksa Energy, the launch of a steam-gas plant in Kyzylorda, costing 215 billion tenge, was noted. The facility produces 240 MW of electricity and 277 Gcal of heat per hour and was commissioned for commercial use in June this year.

With Carlsberg Kazakhstan, the discussion focused on developing the food industry, localising production and expanding exports. An alcohol-free beverage plant worth $344 million in the Almaty region was launched on 1 October this year and employs 230 permanent workers, with Kazakh content at 71.5%. Solico Group discussed construction of a cheese plant in the Almaty region, with about 45 billion tenge invested. The plant is set to produce 41,000 tonnes a year and is scheduled to open in 2029. After the meetings, Bektenov instructed ministries and responsible bodies to provide necessary support for the investment projects.