Kazyna Capital Management JSC and the Administration of Kostanay region have signed the Memorandum of cooperation in course of II regional forum Kostanay Invest 2018

Regional Investment Forum Kostanay Invest 2018 was held on October 12 in Kostanay. In the framework of this forum, the Memorandum of cooperation has been signed between Kazyna Capital Management JSC and the Administration of Kostanay region. The document is oriented on implementation of projects in the field of machinery engineering, mining and metallurgy complex, processing of agricultural products, manufacturing of construction materials and food products, and other fields.

The Chairman of the KCM Management Board Ardak Kassymbek noted: "This document will become an important mechanism for increasing investments into potential and existing regional projects, and will serve as a basis for development of close mutually beneficial relationship between the parties".

You will recall, that working visit of Kazyna Capital Management delegation took place in Kostanay region in September of this year. Investment opportunities of the region were presented, and the parties agreed on participation of KCM in investment forum Kostanay Invest 2018 and signing of a document on cooperation.

As per the Memorandum, the parties are intent on developing cooperation in the following directions: development of a map of perspective investment projects, exchange of information and experience, arrangement and holding of joint events on investment issues in Kostanay region, as well as on other types of cooperation.

Roundtable discussions, workshops for small and medium businesses, visit of Kostanay industrial zone were held in the framework of Kostanay Invest 2018. 

Ardak Kassymbek pointed out that representatives of KCM actively participate in investment initiatives in Kostanay region. In 2015 Kazyna Capital Management started investing into AllurGroup - the group of companies, the only one in Kazakhstan that deals with full cycle production of cars. Products of AllurGroup has a high export potential, its product line is represented by such brands as Hyundai, Ravon, Iveco, Mitsubishi, Suzuki, JAC and others.

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