A South Korean company aims to invest over 81 billion tenge in the West Kazakhstan region.

The round table was chaired by the Prime Minister of Kazakhstan, Olzhas Bektenov. It featured the participation of top officials from government agencies, akims of regions and cities, leaders of transnational corporations, major investors, experts, as well as representatives from governmental structures and the business community.

The primary focus of this event was the discussion of global investment trends and the vision for the future of world markets.

The akim of the West Kazakhstan region, Nariman Turegaliev, emphasized that attracting investments and creating favorable conditions for business remain key priorities outlined by the head of state.

He highlighted that today's round table offers a unique opportunity for engagement with potential investors and showcasing the investment potential of the regions.

"In the West Kazakhstan region, we have established all the necessary conditions for investors: a favorable climate, developed infrastructure, and strong industrial and logistics potential. High-tech productions have been launched in the region, demonstrating real economic potential and stability for further growth," - said Nariman Turegaliev.

According to him, over the past three years, the volume of investments in fixed capital in the region amounted to 1.6 trillion tenge, including 645.6 billion tenge in 2023, which is 16.4% higher than previous figures.

A significant event at KGIR-2024 was the signing of a memorandum between the akimat of ZKO and the South Korean company Hyundai Solar KZ 777. The company plans to invest 81.4 billion tenge in the implementation of four projects, which will create 120 new jobs.

Among the planned projects are the construction of a waste processing and incineration complex, a greenhouse complex, and a station for producing electricity from solar panels. The implementation timeline for these initiatives is set for 2024-2026.