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Home International Customs

Turkey considers investment opportunities in Kazakhstan’s Pavlodar region

byCT Report
05/04/2016
in International Customs
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ASTANA: Investors from Turkey visited Kazakhstan’s Pavlodar region to find business partners and consider investment opportunities in the region, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website on April 4.

“Our region is an industrial region, in which there are metallurgical, petrochemical industry and energy sector enterprises. The scope of agriculture, processing and food industry is actively developing. Currently, representatives of Turkish business successfully operate in the region. There are a number of joint ventures. We are interested in further strengthening and development of business relations with Turkish companies,” said the deputy director of the Regional Chamber of Entrepreneurs Serik Baiseitov.

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“We arrived in Kazakhstan to consider investment opportunities in promising production areas and opening of representative offices in your country. Stability in the region is important for us. Kazakhstan is attractive due to the fact that under the Eurasian Economic Union (EEU), there are opportunities for expansion of all-round development of business with the member states of the Union,” said the head of the Turkish delegation, Mustafa Bashkurt.

In the B2B format, the Turkish and Kazakh businesses presented their companies, options and forms of cooperation. Turkey is one of the major trading partners of the Pavlodar region, with the share of Turkey’s total trade with the region being 5.1 percent in 2015 and bilateral trade amounting to $136.7 million.  The Pavlodar region supplies polypropylene to Turkey. Turkish companies currently work in the Pavlodar special economic zone.

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