Swiss INOKS Capital to Increase Investments in Kazakhstan's Agribusiness Sector
Source: eldala.kz
Swiss company INOKS Capital intends to ramp up its investment activities in Kazakhstan's agricultural industry. Plans include the creation of an agricultural fund and the signing of an investment agreement. These topics were discussed by Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, and INOKS Capital CEO, Nabil Marc Abdul-Massih, reports KAZAKH INVEST.
Currently, the company is negotiating the establishment of an agricultural fund with Qazaqstan Investment Corporation.
INOKS Capital representatives outlined plans to expand existing investment projects, such as the second phase of creating intensive orchards, expanding a feed mill, and modernizing a sugar factory in the Zhambyl region. The company plans to source raw materials both locally and internationally. Given the scale of the planned investments, an investment agreement is being considered.
Gabidulla Ospankulov expressed support for the company's plans and informed representatives about the work of the investment headquarters led by First Deputy Prime Minister of Kazakhstan, Roman Sklyar.
"One of our areas of focus is supporting foreign investors. Thanks to the structure of the headquarters, we can promptly address any arising issues. Decisions made by the headquarters are mandatory for implementation. We are also continually working to improve the regulatory framework to better support investor projects in Kazakhstan," he noted.
Furthermore, the head of the committee informed Swiss investors about the benefits of signing investment agreements and special investment contracts.
INOKS Capital implements projects in the processing sectors of emerging markets in the CIS and Africa. Since 2020, the company has carried out several projects in Kazakhstan's agribusiness, including the creation of fruit orchards in the Almaty region and a feed production plant in the Khorgos - Eastern Gate FEZ.
Photo: invest.gov.kz
INOKS Capital representatives outlined plans to expand existing investment projects, such as the second phase of creating intensive orchards, expanding a feed mill, and modernizing a sugar factory in the Zhambyl region. The company plans to source raw materials both locally and internationally. Given the scale of the planned investments, an investment agreement is being considered.
Gabidulla Ospankulov expressed support for the company's plans and informed representatives about the work of the investment headquarters led by First Deputy Prime Minister of Kazakhstan, Roman Sklyar.
"One of our areas of focus is supporting foreign investors. Thanks to the structure of the headquarters, we can promptly address any arising issues. Decisions made by the headquarters are mandatory for implementation. We are also continually working to improve the regulatory framework to better support investor projects in Kazakhstan," he noted.
Furthermore, the head of the committee informed Swiss investors about the benefits of signing investment agreements and special investment contracts.
INOKS Capital implements projects in the processing sectors of emerging markets in the CIS and Africa. Since 2020, the company has carried out several projects in Kazakhstan's agribusiness, including the creation of fruit orchards in the Almaty region and a feed production plant in the Khorgos - Eastern Gate FEZ.
Photo: invest.gov.kz
