19 agreements on the implementation of investment projects worth 1.7 billion dollars were signed between the akimat of Turkestan region and foreign companies. The documents were signed at the first international investment and tourism forum “Ancient Turkestan – new opportunities” on Saturday, September 29.
“The main direction is agriculture. There are intentions to implement a large industrial projects and infrastructural projects. There are production of high-speed haydite and building of factory on brick production. Within the framework of forum, not only memorandums with investors were signed but also with different associations and chambers, which will take part in attracting investments. This memorandums about mutual understanding and cooperation. There will not point prices. For example, Kazakh-Polish trade chamber will help to attract investors from Poland”, – explained director of local company “Turkestan Investment” Daulet Mamyrov.
In the package of signed projects, one of the largest was an agreement with the Chinese company Changchun Longyuan Power Equipment Co. Lt, which intends to invest $ 648 million in the production of power plants and products. Russian investor green Land Alatau LLP invests 180 million dollars in the construction of the greenhouse complex. $ 340 million is going to be invested by the Chinese company Shanghai Lianhua New Energy Science & Technology Group in the construction of a plant for the production of solar-powered electric buses. Turkish company Dogus Insaat ve Ticaret, Iranian Ardabil PetrochemicalCo plans to build a regional cancer center in Turkestan will invest 100 million dollars in infrastructure projects. Previously, the medical facility was planned to be built in Shymkent for a long time. However, the implementation of the project was hampered by the lack of investors.
Along with the hospital, investors want to build a small oil refinery. The total amount of their investments is 205 million dollars. The Malaysian company is going to invest $ 100 million in the implementation of major projects in the field of industry and infrastructure.
“We plan to implement projects in the field of renewable energy. In particular, within three years to invest $ 20 million in the construction of five small hydroelectric power plants on the river Keles with a capacity of one to five megawatts”, – said the representative of the Malaysian company, Dr. Zaynul Azizan.
Chinese businessmen are also interested in the implementation of renewable energy projects – 50 million dollars they plan to invest in the construction of a solar power plant with a capacity of 50 megawatts, and the Czech organization AGRAS zelatovicea.s expressed interest in the implementation of the sorghum syrup project. The construction of this plant is estimated at $ 20 million. By the way, earlier this plant was not grown in the region.
“At the end of 2017, the volume of attracted investments in our region amounted to 482 billion tenge, or 120 percent. The region took a leading position among other regions of the country. At the same time, more than half is invested by small enterprises (about 60 percent). The volume of investments in the fixed capital of the manufacturing industry of the region amounted to 129 billion tenge and by the corresponding period increased by 2.5 times”, – Governor of Turkestan region Zhanseit Tuimebayev said.
The head of the region said that a special economic zone of TURKISTAN will be created to ensure investment attractiveness in THE region, where investors will be provided with land plots with ready infrastructure and tax benefits for 25 years. These investment preferences will be provided not only for tourism projects, but also for construction and industry.