Saudi Press

Saudi Arabia and the world
Friday, Aug 22, 2025

Almaty region leads Kazakhstan in investment projects

The Almaty region is implementing the most investment projects in the country, with 34 projects worth $3.8 billion planned for the next few years, the Kazakh Invest company reports. Ten projects are expected to launch at the end of this year.
Overall, 168 projects are registered in the Kazakh Invest monitoring system nationwide.

“We have a three-level system of working with foreign investors. Initially, when we have an offer, we provide basic information about Kazakhstan and its investment opportunities, including taxes and other conditions. Then investors visit our region to discuss the project, select a site and consult on the provision of necessary documents and other services. We create all conditions for the implementation of the investment project. Our task is to make the investor feel comfortable in Kazakhstan from the start of the project and after its launch. We are also interested in further investments and modernisation,” said Darya Ovsyannikova, director of the regional representative office of Kazakh Invest.

She noted work is underway to attract new investors. Almaty’s investment indicators are growing by 30 percent annually, and more than 20 multinational companies operate in the region.

Major projects with foreign participation include the Wilo Central Asia plant, the Lukoil Lubricants Central Asia lubricants production plant and a 100-megawatt solar plant.

The Wilo Central Asia plant, worth $5 million, was launched in 2018. It is located on an area of more than 2,000 square metres and includes a high-tech centre for the production and testing of pumping systems, a training centre for designers and engineers and a service centre for public utilities. The company supplies equipment for healthcare facilities, the Ministry of Defence, educational institutions, sports facilities and public utilities.

The lubricants plant, worth $94 million, is designed to produce 100,000 metric tonnes of lubricants per year and created some 200 jobs. The plant exports its products to Central Asia.

Located in Kapshagai, the Eneverse Kunkuat solar station, worth $71 million, was launched in September. As one of the largest solar parks in the country, it will generate approximately 160 million kilowatt of electricity. It reduces carbon dioxide emissions by 150,000 tonnes per year.

Ovsyannikova said investors are interested in projects in Almaty’s agricultural sector due to its fertile land and favourable climate. The region also has potential in logistics, sales and marketing and tourism.

“We observe the interest of investors from many countries because Kazakhstan is a good platform for doing business due to its trans-border location. For example, we work with investors from Germany, as their advanced technologies are interesting to us. Foreign businesspeople feel safe due to the fact that the rights of local and foreign investors are equal. Therefore, they have confidence their rights will also be respected here,” she added.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
×