Kazakhstan’s investment opportunities presented in South Korea
A roundtable discussion on Kazakhstan's Investment Opportunities for Korean Business took place in Seoul, Qazinform News Agency reports, citing the MFA press service.
The meeting was held on Friday during a visit of the Kazakh delegation, led by Gabidulla Ospankulov, Chairman of the Investment Committee of Kazakhstan's Foreign Ministry.
The event gathered representatives of government agencies, national companies, financial institutions, and business communities from both countries. Around 50 leading Korean companies representing the energy, industrial, infrastructure, financial, and technology sectors participated in the discussions.
Ambassador of Kazakhstan to the Republic of Korea, Asset Issenali, highlighted the progressive development of the Kazakh-Korean strategic partnership and the growing interest of South Korean businesses in the Kazakh economy.
Gabidulla Ospankulov, Chairman of the Investment Committee, outlined Kazakhstan's competitive advantages as the largest economy in Central Asia, an important transport and logistics hub, and a reliable platform for long-term investment projects.
Korean partners were introduced to promising areas of cooperation in energy, mechanical engineering, agro-industrial complex, transport infrastructure, logistics, and digital technologies. Particular emphasis was placed on the development of the Trans-Caspian International Transport Route (Middle Corridor), which is increasingly important as a key transit route between Asia and Europe.
Participants focused on the opportunities offered by Kazakhstan's special economic and industrial zones, current government support measures for investors, and project support mechanisms based on the "one-stop shop" principle. Presentations were also given by representatives of the Aktobe Region Akimat, Baiterek Research Holding JSC, Samruk-Kazyna JSC, KAZAKH INVEST National Company JSC, KEGOC JSC, QazaqGaz National Company JSC, Almaty Invest, and the Korkyt Ata SEZ Management Company. The presentations focused on infrastructure initiatives, production localization projects, and prospects for jointly implementing high-tech manufacturing projects with Korean capital.
The Alatau City project was showcased separately during the event. The Kazakh side highlighted opportunities for attracting advanced Korean technologies and investment to develop modern urban infrastructure and the new growth center's industrial and innovative potential.
It was noted that the project is being executed in accordance with the adopted Constitutional Law of the Republic of Kazakhstan "On the Special Legal Regime of Alatau City," which provides special conditions for doing business, simplified administrative procedures, and a stable and predictable regulatory environment for foreign investors. Representatives from KIND, Korea Eximbank, Doosan Energy, KNOC, Shinhan Securities, BNK Financial Group, and other leading South Korean corporations and financial institutions participated in the discussions.
Bilateral meetings with current and potential investors took place on the sidelines of the roundtable. The parties discussed specific projects, prospects for expanding industrial cooperation, and new areas of collaboration.
Earlier, Qazinform reported that President Kassym-Jomart Tokayev signed the Constitutional Law on the Special Legal Regime of Alatau City.
