Multinationals Eye Production in Kazakhstan
Photo: Dall-E, illustrative purposes
Several major international companies are exploring opportunities to launch production facilities in Kazakhstan, though not all have officially confirmed their plans. This was announced by Vice Foreign Minister Alibek Kuantyrov, Orda.kz reports.
Kuantyrov revealed that multiple global corporations are considering Kazakhstan as a base for manufacturing.
Among them is Mars, one of the world’s largest chocolate producers.
They’re working on a major project,Kuantyrov said.
He also mentioned PepsiCo:
The same goes for Pepsi, for example. Just the day before yesterday, they met with the Prime Minister and said they plan to invest two and a half times more than the initially declared $160 million, and to triple their production capacity.
According to Kuantyrov, other companies from the Gulf countries, China, and Türkiye are also showing strong interest in investing in Kazakhstan. These include globally recognized brands—some already operating in the country, others looking to enter the market.
In the near future (May 28 – Ed.) AstraZeneca is set to launch a production line in Kazakhstan. They will manufacture cancer treatment drugs. We recently visited their office in Cambridge, and they are approaching this very seriously. The same goes for Pfizer,said Alibek Kuantyrov.
Pfizer is known for producing a wide range of pharmaceuticals, from vaccines and antibiotics to the well-known Viagra.
Kuantyrov noted that global brands are also investing in mining and industrial processing.
Take deep corn processing, for example, Fufeng has opened a plant in the Jambyl region. And the Dalian company. These are global manufacturers, and many such brands are showing interest in the Kazakh market. This translates into new jobs, tax revenues, skills development, and technology transfer. In the past, companies were hesitant to share their technologies, but now we set our own conditions, and they’re coming to us.
the Vice Minister noted.
He added that most global companies follow strict corporate policies favoring local sourcing and hiring domestic staff, contributing further to Kazakhstan's economic development.
When asked whether Kazakhstan had approached Apple, which has recently shifted production from China to Vietnam and India, Kuantyrov responded:
We’re not just offering — we’re always open to such opportunities, regardless of the geopolitical climate. But ultimately, it’s the investors who decide which markets to enter.
Earlier, it was reported that a Chinese company plans to manufacture humanoid robots in Kazakhstan.
Original Author: Zhadra Zhulmukhametova
Latest news
- Kazakhstan Cancels Exam Results For More Than 700 University Applicants
- Astana LRT Operator Looks For Funding In China
- Smoke From Russian Wildfires Reaches Eastern Kazakhstan
- Kazakhstan Offers EU A Broader Partnership In Eurasia
- Oil Leak Reported In Caspian Sea Near Azerbaijan Coast
- Kazakhstan To Build 250 Roadside Service Stations For 180 Billion Tenge
- Police Chase With Kazakh Driver In Phuket Ends In Crash And Injuries
- Foreigners Moving To Kazakhstan Are Choosing Big Cities Over Most Regions
- Turkestan Region Leads Kazakhstan In Twin Births
- From Grain To AI: What Kazakhstan Brought To Afghanistan
- Helicopters Drop 39 Tons Of Water On Forest Fire In East Kazakhstan
- Kazakhstan Tightens Border Checks Despite Saying There Is No Fuel Shortage
- Kazakhstan Seeks Greek Investment In Energy And Transport
- Global Rating Agency Confirms Kazakhstan’s Investment-Grade Status
- Kazakh Company Sent $16 Million To China, Got No Goods And A Huge Fine
- Kazakh Parties Are Losing Focus With Overly Broad Programs, Expert Says
- Almaty Man Registered 990 People In One-Room Apartment And Received Sentence
- Montenegro President Makes First Official Visit To Kazakhstan
- Gas Prices In Kazakhstan To Rise From July 1
- Kazakhstan’s Oldest Gold Mining Company Resold For 8.7 Billion Tenge