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The Chairman of the Investment Committee Met with Turkish Investors

The Chairman of the Investment Committee Met with Turkish Investors

In Istanbul, with the support of the Embassy of the Republic of Kazakhstan in Turkey, the Consulate General of the Republic of Kazakhstan in Istanbul, and JSC “NC “KAZAKH INVEST,” the Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, held meetings with representatives of leading Turkish companies. The discussions focused on current and prospective investment projects of Turkish investors in Kazakhstan.

During the meeting with S Sistem Lojistik, the parties discussed the implementation of a joint project with Kazpost JSC to construct and manage a logistics center in the Aktobe region. The initial investment in the project will amount to $25 million. A project roadmap has already been signed, and the company is conducting groundwork on a 10-hectare site. S Sistem Lojistik is one of Turkey's leading companies specializing in comprehensive logistics services.

Negotiations with Orzax focused on a $40 million project to establish a production facility for dietary supplements in Almaty, which will create 300 new jobs. Since 2018, Orzax has been a leader in the Turkish over-the-counter pharmaceutical market, exporting products to more than 50 countries.

At a meeting with Iskefe Holding, G. Ospankulov reviewed the progress of a project to set up gelatin production in the Almaty industrial zone. The project is valued at $40 million and will create 105 jobs, with an anticipated production capacity of 7,000 tons of gelatin annually.

Representatives of LC Waikiki provided an update on the construction of a $12 million logistics hub in the Almaty region. The hub will serve as a distribution center for the company’s products across its branches in Central Asia.

During talks with Roz Metal, the progress of a project to produce aluminum and copper billets and profiles in Shymkent was discussed. The company has begun construction and installation work. Roz Metal supplies raw materials for ferrous and non-ferrous metals and has previously implemented projects for processing copper, aluminum, lead, and brass in the Mangystau and Atyrau regions.

At the meetings, the Chairman of the Investment Committee emphasized that Turkey is one of Kazakhstan’s strategically important and largest foreign investors. He expressed readiness to provide comprehensive support for Turkish companies’ initiatives in the country.

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