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АКТИВИЗАЦИЯ КАЗАХСТАНСКО-ИЗРАИЛЬСКОГО ИНВЕСТИЦИОННОГО СОТРУДНИЧЕСТВА 20.12.2016

ACTIVATION OF KAZAKHSTAN-ISRAEL INVESTMENT COOPERATION

Today in Astana within the visit of Israel Prime minister Benjamin Netanyahu Kazakhstan was holding Kazakhstan-Israel business forum with the participation of public officials and business communities of both countries. The business forum is organized by Ministry for Investment and Development of the Republic of Kazakhstan, JSC "National export and Investment Agency "KAZNEX INVEST" with support of Israel Embassy in the Republic of Kazakhstan. The business forum was attended by the Prime Minister of Kazakshtan Bakytzhan Sagintayev, Prime Minister of Israel Benjamin Netanyahu, Minister for Investment and Development of the Republic of Kazakhstan Zhenis Kassymbek, Chairman of the Israel-Kazakhstan Chamber of Commerce and Industry Michael Roee and Economic Affairs Attache from the Israeli Economics and Industry Ministry Elizabeth Solovyeva.

In Kazakhstan at the date of November 1, 2016 there are 254 enterprises with the participation of Israel capital and among them 112 are incumbent.   Inflow of direct investments from Israel to the Republic of Kazakhstan from 2005 to the 1st half year of 2016 is 214 million US dollars.

Kazakhstan and Israel entrepreneurs are successfully cooperate in such economy sectors like innovations and agrobusiness. Recently in Kazakhstan in cooperation with Israel partners 7 new projects were realized for a total amount of 86.5 million US dollars in the information and communication technologies – production of printed board assemblies for electronic devices; finances and insurance – creating of joint commercial bank with Bank Hapoalim; agrobusiness – construction of greenhouse complex in Almaty region and Astana, introduction of new technology of drip irrigation, construction of broiler plant in North-Kazakhstan region; infrastructure – seawater desalination unit on the territory of Mangistau region. The project of creating medical insurance system and network of "Archimedes Kazakhstan" medical centers are being realized at the present day.

During the business-forum the participants have discussed Israeli experience in innovation and high-tech, as well as potential projects in infrastructure, new technologies, chemistry and agrobusiness fields: modular conduits construction, specialized production of powder for 3D – printers and additive machines, production of paints and lacquers, creating argicultural experimental areas. 

During the forum Israeli and Kazakhstani sides signed a number of commercial agreements: Memorandum of cooperation between Kazakhstan Ministry of Education and Mitrelli, Memorandum of Understanding and Cooperation between "Bazis A corporation" and BAL International Ltd, Agreement between Damar LLP and EGRZ Food Ltd and others.

The proceedings of the business forum included the participation of more than 400 business and non-governmental organizations representatives from both countries. The government program of Industrial and Innovation Development of Kazakhstan for 2015-2019 years, set of incentives for investors including small and medium enterprises, and priority sectors of economy also the concepts of special economic zones (SEZ) and industrial zones (IZ) were presented to Israel party. During plenary sessions and B2B meetings entrepreneurs have discussed joint projects within agricultural sector, healthcare, water management, security and green energy.  

For additional information please contact to pr@kaznexinvest.kz, +77172919040 int.1090


FOR REFERENCE

Sales volume of Kazakhstan and Israel for 2015 is 306 million US dollars. Share of Kazakhstan export is 219.1 million US dollars, import is 86.9 million US dollars. The main articles of Kazakhstan export are: mineral fuel, oil, salt and sulphur, aircrafts, basic metals and grain. Sales volume for 9 months of 2016 is 237 million US dollars. Basic articles of import are: electrical machines and equipment, nuclear reactors, furnaces and mechanical devices, optical instruments and equipment, derived products of vegetables and fertilizers.

KAZNEX INVEST

The joint-stock company "National export and investment agency "KAZNEX INVEST" of Ministry for investments and development of the Republic of Kazakhstan is a national development institute serving for assisting in development and advancement of Kazakhstan non-resource export and attracting direct foreign investments into high priority sectors of economy.


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