The Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan together with JSC “NC “Kazakh Invest,” organized an acceleration program to improve the investment climate and identify barriers hindering the implementation of investment projects in Kazakhstan’s carbon chemistry industry, El.kz cites Kazakh FM.
During the event, working groups were formed to discuss key issues in the development of the carbon chemistry industry, including the implementation of advanced technologies, adaptation of global best practices, and government support measures for investors.
In his opening remarks, Chairman of the Investment Committee of the Kazakh Foreign Ministry, Gabidulla Ospankulov, noted that global demand for carbon chemistry products continues to grow, offering significant potential for attracting investments. Kazakhstan, possessing abundant coal resources and striving for economic diversification, is focused on developing high-tech industries in the field of advanced coal processing. The development of the carbon chemistry industry will not only enhance the country’s export potential but also become a key factor in sustainable economic growth.
Ospankulov emphasized that engagement with businesses within the acceleration program helps identify key barriers and develop effective solutions, which will be submitted for consideration by the Investment Headquarters under the Government of Kazakhstan.
The acceleration program was also attended by Wu Quan, Chairman of the Board of CHN Energy International, as well as representatives of government agencies and businesses in the carbon chemistry sector, including the Republican Association of Mining and Metallurgical Enterprises, ERG, Kazakhmys Coal, Bogatyr Komir LLP, Qulan-Komir LLP, and others.
As a result of the discussions, an analysis will be conducted to develop specific measures for eliminating identified barriers and stimulating investments in the carbon chemistry industry.
The objective of these acceleration meetings is to identify and eliminate barriers hindering the implementation of investment projects, improve the investment climate, and create favorable business conditions in the country.
Kazakh Invest will continue its active efforts to create favorable conditions for investors, attract strategic partners, and implement large-scale projects in Kazakhstan’s carbon chemistry sector.