Kazakhstan eyes around 200 large-scale infrastructure projects
Kazakhstan is looking for investors, ready to increase the quality of technical and vocational education as well as improve the educational infrastructure, President Kassym-Jomart Tokayev said today, Kazinform News Agency correspondent reports.
The Kazakh leader noted that Kazakhstan is among the world’s leaders in production and export of ferrous and non-ferrous metals. The country still heavily relies on imports of expensive goods and components, that it could produce itself.
The 2029 National Development Plan adopted recently opens broad opportunities for local producers. Around 200 large-scale infrastructure projects worth over 86 billion US dollars are to be implemented. The government has been assigned to draw up a list of products for localization on the basis of supply contracts, said Tokayev at the 36th plenary meeting of the Foreign Investors' Council (FIC).
The Head of State highlighted that a highly-skilled workforce is needed to achieve industrial growth.
That’s the reason why I declared the year 2025 the Year of Working Professions. We’re looking for investors, willing to increase the quality of technical and vocational education as well as improve the educational infrastructure, said the Kazakh President.
Earlier it was reported that the 36th plenary meeting of the Foreign Investors' Council (FIC) under the President of Kazakhstan kicked off at the Palace of Independence in the Kazakh capital of Astana.
Established in 1998, the Foreign Investors' Council provides direct dialogue between the Kazakh government and foreign investors for efficient settlement of problematic issues related to their investment activity in the country and better investment climate in Kazakhstan.