Four investment projects for $140mln implemented with China - News | BNews

Four investment projects for $140mln implemented with China

27 February, 13:25 200
Four investment projects for $140mln implemented with China

The construction of 15 projects for the amount of 1.6 billion dollars will start in 2018.

The Ministry for Investments and Development of Kazakhstan jointly with the National company Kazakh Invest designed a basic list of 145 investment projects for 47.8 billion dollars, Minister for Investments and Development of Kazakhstan Zhenis Kassymbek said at the Government meeting, BNews.kz correspondent reports.

“The Ministry jointly with Kazakh Invest designed a basic list of 145 investment projects for 47.8 billion dollars. Among them such projects as “Kazakhstan-China”, “Kazakhstan-Russia”, “Kazakhstan-Turkey” and others. Within the program Kazakhstan-China, 51 projects are being implemented for a total amount of 27.7 billion dollars. The four projects for 140 million dollars have already been implemented,” Kassymbek said on Tuesday.  

As the Minister noted, the Ministry carries out the work on the attraction of investments in two directions, they are: the approval of projects in investment directions and connection of systematic measures in order to improve the investment climate  

According to the program, in 2018 the construction of 11 projects is being held. Of which, six projects for 363 million dollars are planned to be commissioned. In addition, the construction of projects with Turkey is under way.

“In the present year, the construction of five projects with the participation of the Chinese capital with the volume of investment of 623 million dollars will began. The Kazakh-Turkish cooperation program “New synergy” consists of 26 projects, of which, one project has been implemented. In the present year, the construction of the two projects are expected,” Zhenis Kassymbek noted.

In general, in the preset year the construction of 15 projects for the amount of 1.6 billion dollars and launch of 23 projects for the amount of 3 billion dollars are planned.

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