World Monitor Magazine, Business and Investments WM_march 2019_web - Page 37

INVEST TO KAZAKHSTAN with the Investment Committee of the Ministry of Investment and Development of the Republic of Kazakhstan for the provision of a natural grant in the form of a land plot of 3.2 hectares was concluded in the capital. Also, we are currently working on the promotion of 15 projects for the construction of schools, roadside services, a trade and logistics center, a confectionery factory, a sports complex, etc. If you look as a whole, today more than 2,600 foreign companies work in the capital. Among them, of course, there are large investors who have been investing in the development of the city’s economy for many years. For example, the plant of Elektrovoz Krastyru Zauyty (EKZ) LLP with the participation of the French company Alstom and the Russian Transmashholding, which is the centre of production and export of locomotives for foreign countries. Two electric locomotives have already been sent to Azerbaijan. In 2018, production of traction transformers began. Having started this production, EKZ becomes an important manufacturer of these parts on a global scale. According to expectations, the capacity will be 300 transformers per year. The largest Turkish holding Anadolu Group invested US $ 80 million in a project for the production of soft drinks in Astana. Since 2016, the production of carbonated beverages. Today, more than 100 people work here. The demand for this product turned out to be high, and therefore, in January 2019, CCI Kazakhstan expanded production by investing an additional $ 15 million, creating 100 new jobs. I would like to note that the creation of such an enterprise in the city contributed to the creation of a whole sub-branch in the food industry for the production of soft drinks. For example, in January-December 2018, investment in fixed assets of the food industry grew by 9.4% compared with the previous year. The mayor (akimat) of the city provides comprehensive support in the implementation of investment projects in Astana. We are always open to dialogue with investors, ready to create a comfortable environment for investment activities. supported by EUROBAK 35