Goods turnover between Kazakhstan and Israel constituted 237 million dollars

Goods turnover between Kazakhstan and Israel constituted 237 million dollars

14 December, 11:49 159
Goods turnover between Kazakhstan and Israel constituted 237 million dollars

The volume of goods turnover between Kazakhstan and Israel in nine months of 2016 made 237 million dollars, chairman of the board of JSC National export and investments agency KAZNEX INVEST Borisby Zhangurazov said, correspondent reports.

Today within the official visit of Premier Minister of Israel Benjamin Netanyahu to Kazakhstan, Kazakhstan-Israel business forum with participation of officials and a business community of two countries takes place in Astana.

254 entities with participation of the Israel equity are registered in Kazakhstan for November 1, 2016. 112 of them are acting. Inflow of direct foreign investments from Israel to Kazakhstan constituted 214 million dollars from 2005 to the first half of 2016.

"The volume of a goods turnover of Kazakhstan and Israel made 306 million dollars for 2015. The share of the Kazakhstan export constituted 219 million dollars, import – 86.9 million dollars of the USA. The main articles of the Kazakhstan export are mineral fuel, oil, salt and sulfur, flight vehicles, non-noble metals, cereals. The volume of goods turnover made 237 million dollars in nine months of 2016," B. Zhangurazov said.

It is noted that the main import articles are: electrical machines and equipment, nuclear reactors, coppers and mechanical devices, optical tools and devices, products of conversion of vegetables and fertilizer.

According to B. Zhangurazov, Kazakhstan and Israel entrepreneurs successfully cooperate in such sectors of economy as innovations and agro-industrial complex.

Seven new projects for the total amount of 86.5 million dollars are realized in Kazakhstan together with Israel partners lately. New projects in such spheres as information and communication technologies - production of printed circuit boards for electronic devices; finance and insurance - creation of joint commercial bank with Bank Hapoalim; agro-industrial complex - a construction of a hothouse complex in Almaty region and Astana, implementation of new system of drip irrigation, a construction of broiler poultry farm in North Kazakhstan region; infrastructures - installation on desalination of sea water in the territory of Mangystau region.

At the moment the project on creation of medical insurance network and network of the medical centers "Archimedes Kazakhstan" is implemented.