The government in Kazakhstan has revealed the country’s intention to attract $24 billion in foreign investment by the end of this year 2023.
President Kassym-Jomart Tokayev of Kazakhstan had instructed him to attract at least $150 billion to the country’s foreign investment over seven years.
Kazakhstan this year 2023 approved a list of 281 investment projects worth $4.47 billion.
Kazakhstan seeks to launch a high-precision production project for iron castings, which will be the second factory in the world capable of casting high-tech without additional processing.
Export-oriented production of sulphur additives with a capacity of up to 240 thousand products per year will be operated in Pavlodar region.
Kazakhstan’s record of $28 billion in foreign investment was very high.
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