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Astana, Kazakhstan • 04 May, 2024 | 17:32

Kazakh-Qatari Project Portfolio Reaches $18 Billion

Kazakh Invest presented a step-by-step guide for foreign investors

Unsplash/enginakyurt
Unsplash/enginakyurt

On May 4, Kazakhstan’s Investment Attraction Council held a session on joint Kazakh-Qatari projects, new tourism and food industry projects, and a methodological guide for foreign investors, QazMonitor reports citing primeminister.kz.

What happened: The regular meeting of the Investment Attraction Council in Astana was chaired by 1st Deputy Prime Minister Roman Sklyar. During the session, a new methodological guide for investors in Kazakhstan was presented by a representative of NC Kazakh Invest JSC. This guide outlines the step-by-step process from project initiation to implementation. Each central and local executive body will follow this methodology when engaging with investors.

  • Yerzhan Yelekeyev, Chairman of the Board at Kazakh Invest, reported on the collaboration between Kazakhstan and Qatar, revealing a comprehensive list of 15 joint projects valued at $18 billion.

  • Furthermore, the government compiled a list of 17 key projects designed to establish a cluster of interconnected enterprises. During the review, particular attention was given to projects within the tourism and food industries.

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