Agreement with Kazakh Invest

Today, “Advantage Kazakhstan” signed a “Memorandum of Understanding” with the “National Company “KAZAKH INVEST””.

The Parties expect this Memorandum to become an important mechanism in improving business competitiveness in the Republic of Kazakhstan and the European Union countries and to establish a comprehensive approach to international projects localization and local content provision.

According to this document:

  • The planned amount of investment: $105M;
  • The forecast number of projects implemented in Kazakhstan: 5 per year.
  • The planned Project realization period: 5 years;
  • The planned number of new jobs: 10 in each project, i.e. 250 for the duration of the project.