On February 28, Murat Nurtleu, the Deputy Prime Minister and Foreign Minister of Kazakhstan, held discussions with the heads of Swiss companies INOKS Capital, Stadler Rail, Воѕсhung, and MSC during his work visit to Geneva. The discussions revolved around investment projects in Kazakhstan’s primary economic sectors. The main sectors of the Kazakh economy discussed include agriculture, mechanical engineering, and the transport and logistics industry.
Nurtleu presented an overview of Kazakhstan’s economic reforms, investment policies, and benefits, emphasizing the advantages of conducting business in Kazakhstan. He also highlighted the ministry’s role in attracting foreign investments and assured support for Swiss entrepreneurs looking to increase their operations in Kazakhstan.
The European business community praised Kazakhstan’s investment environment and steady economic growth, acknowledging the country’s role in enhancing food and energy security. They showed willingness to expand cooperation and initiate potential projects, such as orchard cultivation and irrigation in the Almaty Region, and the production of European standard passenger cars and auxiliary road equipment in Kazakhstan.
The implementation of the agreements made during the meetings, which include attracting financing, opening and localizing production facilities, and creating new jobs, will aid in the economic progression of Kazakhstan.
Switzerland is one of Kazakhstan's top three foreign investors, with investments amounting to $1.9 bn in Q3 2023. Since 2005, Switzerland’s total foreign direct investment in Kazakhstan has reached $34.6 bn.
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