25 FEZ can appear in Kazakhstan by 2016
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25 FEZ can appear in Kazakhstan by 2016

3 May 2016 17:24

Today, 102 projects of FEZ amounting to 2.6 tn tenge are in the implementation phase. This year MID of Kazakhstan plans to put into operation 25 zones, said Yerlan Khairov, the Chairman of the Investment Committee of Kazakhstan during the briefing at "Nur Otan" party's press center, BNews.kz correspondent reports.

According to Y.Khairov, about 400 bn tenge was invested in SEZ projects. Investment volume of production amounted to 897 bn tenge. Over 10 thousand people were employed.

"In general, there are 148 projects; 22 projects of them worth 112 bn tenge were launched in 2015. About two mn new jobs will be created during the launch of the project. Another 102 projects worth 2.6 tn tenge are under implementation. It is planned that about 25 projects will be put into operation in 2016. 10 of them with the participation of foreign investors in excess of 100 bn tenge with the creation of three mn jobs," said Y.Khairov.

The speaker also said that free economic zones (FEZ) are established to ensure speedy implementation of GPIIR.