Livestock farming complex, and new workshops to be built by Swiss investors in Kazakhstan

During the official visit of the delegation of Kazakhstan, headed by the Deputy Prime Minister, Minister of Foreign Affairs of Kazakhstan Mukhtar Tleuberdi to the Swiss Confederation, talks were held with executives of major Swiss companies on the implementation of several promising investment projects in Kazakhstan. After bilateral negotiations with a number of potential Swiss investors the memoranda were signed on the launch of several projects in Kazakhstan, reports World of NAN with reference to Kazakhinvest.

During the discussion the management of INOKS Capital stated their interest in creating complex value chains in the agro-industrial complex. This year the company plans to launch production of extruded fodder on the basis of SEZ "Khorgos". In addition, a new project to create an intensive orchard, construction of fruit storage facilities and fruit processing plants in Almaty region is being developed.

During the above visit of JSC "NC "KAZAKH INVEST" two memoranda were signed with the President of "KS Genetics" Filippo Lombardi on the project of creating an innovative export-oriented full cycle cattle breeding complex in the Almaty region, as well as with the Chairman of the Board of Directors of "Stadler Rail" Peter Spuhler to expand investment cooperation with the Swiss business.

"As a result of negotiations of the Kazakh delegation, organized by the Embassy of Kazakhstan in Switzerland, an increased interest from the Swiss business for cooperation with the Republic of Kazakhstan was noted", - said the Deputy Chairman of the Board of JSC "NC" KAZAKH INVEST "Zhandos Temirgali.

Thus, CEO of the Chamber of Commerce of Geneva "CCIG" Vincent Subilia emphasized the synergistic effect in the partnership between the two countries, where Switzerland serves as an investment hub for Kazakhstan in Europe, the source of capital and advanced technology.

For reference, we note that Switzerland ranked third by the volume of direct investments in Kazakhstan in 2020, and 10th by the volume of bilateral trade with Kazakhstan.