Kazakhstan, Switzerland successfully develop investment cooperation
As part of his working trip to Geneva, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu met with the top officials of INOKS Capital, Stadler Rail, Воѕсhung and MSC companies, the press service of the Kazakh MFA reported.
The meetings focused on the current and new investment projects in priority areas of Kazakhstan’s economy – agriculture, mechanical engineering, transport and logistics industry.
The partners were informed about the economic reforms successfully implemented in Kazakhstan, investment policy and preferences, and the advantages of doing business in Kazakhstan. Minister Nurtleu emphasized the role of the Foreign Ministry in attracting foreign investment in Kazakhstan’s economy and expressed support for Swiss businessmen in implementing their plans to expand their presence in Kazakhstan.
In turn, the representatives of the European business community positively assessed the investment climate and sustainable economic growth of Kazakhstan, the country’s importance in ensuring food and energy security and expressed readiness to diversify cooperation and develop promising projects, including the cultivation and irrigation of orchards in the Almaty region, production of European standard passenger cars and auxiliary road equipment in Kazakhstan.
The implementation of the agreements reached at the meetings on attracting financing, opening and localizing production facilities and creating new jobs is called to contribute to the national economy growth.
Switzerland is one of the three largest foreign investors in Kazakhstan. In the 3rd quarter of 2023, the inflow of Swiss investments in Kazakhstan amounted to $1.9 billion. The total volume of FDI has reached $34.6 billion since 2005.
