Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a series of bilateral meetings on the sidelines of the 9th Kazakhstan Global Investment Roundtable in Shymkent with the heads of international companies Aksa Energy, Carlsberg Kazakhstan, Solico Group, and CONTEC.

During the meetings, current and prospective joint investment projects in the energy, agro-industrial complex, food industry, and space sectors were reviewed. Possibilities of expanding cooperation, developing processing industries, and introducing new technologies were discussed in line with the tasks set by President Kassym-Jomart Tokayev. Special attention was paid to increasing the share of Kazakhstani content.

Results of cooperation and prospects for implementing new energy projects in Kazakhstan were discussed with the Chief Executive Officer and Chairman of the Executive Committee of Aksa Energy, Naci Agbal. In particular, the successful launch of a combined-cycle power plant in Kyzylorda worth 215 billion tenge was noted. The plant, with an electric capacity of 240 MW and a thermal capacity of 277 Gcal/h, was put into commercial operation in June of this year and meets the region's growing demand for electricity and heat. The company's further investment plans in Kazakhstan were also reviewed.

During the meeting with the General Director of Carlsberg Kazakhstan, Vyacheslav Maltsev, issues regarding the development of the food industry, localization of production, and expansion of exports were discussed. Carlsberg Kazakhstan became the official distributor of PepsiCo products in Kazakhstan. As part of cooperation between the two companies, a non-alcoholic beverage plant worth $344 million was launched on October 1 of this year in the Almaty region. The plant's products are intended for both the domestic market and export supplies. A total of 230 permanent jobs were created. Today, the share of Kazakhstani content in Carlsberg Kazakhstan's operations stands at 71.5%. Attention was paid to expanding cooperation with domestic suppliers of raw materials and packaging.

During talks with the CEO and Board Member of Solico Group in the CIS countries, Alireza Mohammad Rahimi, the progress of constructing a cheese production plant in the Almaty region was discussed. The investment volume in the project amounts to around 45 billion tenge, and the plant's capacity will reach 41 thousand tons of products per year. About 450 permanent jobs are planned to be created. Construction and installation work is currently ongoing at the site, with commissioning scheduled for 2029. Prospects for launching new processing facilities in the agricultural regions of Kazakhstan were also reviewed, which will provide a strong impetus to expanding the export of domestic products.

At the meeting with the Founder and CEO of CONTEC, Lee Seong-hee, prospects for expanding cooperation in the space industry were discussed. Possibilities of joint satellite and component manufacturing in Kazakhstan, development of ground infrastructure, and localization of individual production processes were reviewed. Special attention was given to the introduction of artificial intelligence technologies for satellite data processing, as well as interaction in training domestic specialists and prospects for entering foreign markets with joint products.

Kazakhstan is interested in attracting new investments and implementing projects for the output of high-value-added products. The Prime Minister instructed the relevant ministries and responsible organizations to provide necessary support to investment projects.

#Olzhas Bektenov #The Prime Minister of the Republic of Kazakhstan #Energy #Investments

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