Kazakhstan Chamber of Commerce in the USA

KazCham


Swiss businesspeople to invest in Kazakhstan

Posted on November 26, 2016 by KazCham

Centil Law Firm BI@centil.law

Swiss businesspeople have met with local counterparts in search of new cooperation options and discussed plans for expanding partnerships. In particular, foreign investors have proposed a number of interesting projects related to banking, transport logistics, construction, healthcare and tourism. They are interested in Kazakhstan because it provides them with a link to the Chinese market. From there, they are also ready to enter the Russian market.

One of the outcomes of these meetings has been the signing of a Memorandum of Understanding between the Kazakh Chamber of Commerce and the Chamber of Commerce Switzerland-Russia/CIS.

During the course of the negotiations, a Swiss construction company offered to build a brick factory in Kazakhstan. As noted by investors, a special combination of cement and wood will enable homes to retain heat better. One of the advantages of the project, according to business officials, is the low cost of products. In addition, there will be no need to import building materials from abroad.

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