German companies are increasing their investment in Kazakhstan
The Kazakh Invest national company delegation, led by Chairman Yerzhan Yelekeyev, paid a working visit on Aug. 19-21 to Germany to engage in discussions with the heads of major German companies and reported the Kazakh Invest’s press service.
German companies are expanding their investment in Kazakhstan:
- WIS Kunststoffe GmbH plans to produce compounds and plastics in Atyrau, targeting the food, chemicals, and automotive sectors.
- LINDIG Group will assemble CT series ultralight aircraft in Kazakhstan, with plans to increase local production in Almaty’s SEZ.
- Enertec Group GmbH is considering opening a power equipment production facility in Kazakhstan due to rising demand.
- Siemens Energy AG showcased its gigawatt electrolyzer plant, discussing further expansion in Kazakhstan.
- Schüco International KG aims to collaborate on green metallurgy and construction projects in Kazakhstan.
- Hansa Consortium plans to build an international cargo-passenger airport in the Khorgos – Eastern Gate SEZ.
- Green Energy Holding GmbH is set to implement energy projects in Kazakhstan, with agreements in place and upcoming auction preparations underway.(Source:astanatimes)
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