US businessmen examine investment capabilities of Kostanay region

13 November, 2018, 09:52 373
US businessmen examine investment capabilities of Kostanay region

Foreign investors are examining the working environment in all regions of Kazakhstan to build plants and farms.  

 

U.S. businessmen intend to launch livestock farms, agricultural production workshops, Alau.kz reports.  

The Regional Philharmonic Hall brought together representatives of U.S. giant companies - agricultural and food producers with the cumulative turnover amounting billions of dollars. Americans are interested in expanding their business and invest in Kazakhstan.  

"Tayson food intends to enter Kazakhstan's market and build Tayson2 in the livestock sector. It also has a strong intention to open VALMORT2 for irrigation," said the Chairman of KUSTO GROUP's Broad of Directors. 

At the present time, foreign investors are examining the working environment in all regions of Kazakhstan so to decide locations of plants and farms. Agriculture and manufacturing are a priority for the state. 

The Kostanay region's Governor Arkhimed Mukhambetov told the region's advantages: field conditions, proximity to Russia, well-developed logistics.  

"A lot has been done to attract investment: a favorable investment climate is being created, as well as an industrial zone in Kostanay. It is planned to launch industrial zones attached to the existing plants - this is the Torgay Bauxite Mining Department. Other small towns have premises where we plan to open zones for industrial investors," said Arkhimed Mukhambetov. 

He added that the region's industrial zones are attractive for not only a platform with all the necessary facilities provided to businessmen but for willingness to build industrial buildings for investors at the expense of the budget. 

American busineesment expressed readiness to cooperate with the region.