Kazakhstan’s investment climate presented in Indonesia
An event was held at the Chamber of Commerce and Industry of East Java (Surabaya city) dedicated to presenting Kazakhstan’s attractive investment climate and its transport and logistics strategy. Representatives from government bodies and business circles of Indonesia’s largest industrial region participated, representing sectors such as oil and gas, mining, chemicals, healthcare, wood processing, textiles, and agriculture, Kazinform News Agency cites the press service of the Kazakh MFA.
The ambassador of Kazakhstan, Serzhan Abdykarimov, provided detailed insights into the successful socio-economic development of Kazakhstan. He discussed the government’s active efforts to attract foreign direct investment, legislative support for the process, the activities of the Foreign Investors Council, “Kazakh Invest” national company, and the involvement of major international corporations in Kazakhstan. The expansion of the country’s transport and logistics potential was also highlighted.
The ambassador emphasized the effectiveness of Kazakhstan’s investment climate, including various tax incentives, preferences, and accompanying infrastructure provided by the state. Mechanisms such as the AIFC were mentioned, underscoring Kazakhstan’s status as having the best investment climate in the regional context.
The transit and transport strategy of Kazakhstan was separately presented during the meeting. This included information on the activities of 13 international corridors, sea and “dry” ports, railway and road networks that Indonesian entrepreneurs can leverage for trade with Kazakhstan, as well as for shipments and transit of goods between Asia and Europe.
Acknowledging the significant progress in the 30 years of bilateral relations between Astana and Jakarta (1993–2023), the Ambassador highlighted the substantial growth in trade turnover, mutual tourism, business contacts, and human interactions. Recognizing the potential of the two countries, he called on business circles in East Java to actively engage in investment and trade-economic cooperation with Kazakhstan, encouraging participation in the establishment of the “Kazakhstan-Indonesia” Business Council.
In his turn, Adik Putranto, Chairman of the Chamber of Commerce and Industry of East Java, highly praised the business climate in Kazakhstan. He noted the region’s significant interest in expanding industrial-economic partnerships with Kazakhstan, considering the presence of Indonesia’s second-largest international seaport in Surabaya. According to him, Kazakhstan serves as a transport and logistics hub and a financial center for Indonesia in Central Asia, making it highly attractive for the business community in the region.
The Kazakh diplomat concluded the event by addressing numerous questions of mutual interest.
