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  • US businesses keen to pursue investment opportunities in Kazakhstan

US businesses keen to pursue investment opportunities in Kazakhstan

28 September, 2021 12:38

On the margins of the 76th session of the UN General Assembly, Deputy Prime Minister - Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi held a round table in New York with leading American companies interested in investment cooperation with Kazakhstan.

The Kazakh Minister reaffirmed the readiness of the Kazakh government to create necessary conditions for attracting foreign direct investment in priority sectors, including agriculture, food production, engineering, chemistry, metallurgy, oil refining, IT, transport, and logistics.

Minister Tileuberdi also held a series of separate meetings with top managers of the American companies, including Tyson Foods, Valmont, AG Solutions Group, Morgan Stanley, and Citi Group.

The United States is one of the largest economic partners and investors in Kazakhstan with over 500 American companies operating in Kazakhstan in engineering, chemical, construction, oil and gas sectors, as well as IT and other sites. Since 2005, the US investment in the Kazakh economy amounted to more than US$45 billion.