Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, on June 13 met with Nabil Marc Abdul-Massih, CEO of Swiss INOKS Capital. During the meeting, the parties discussed the company’s interest in expanding investment activities in Kazakhstan, including creating an agricultural fund and concluding an investment agreement, Kazakh Invest reported.
Representatives of INOKS Capital spoke about the company’s plans to expand existing investment projects, such as the second stage of intensive gardens, the expansion of a feed mill, and the modernization of a sugar factory in the Zhambyl region. The company plans to purchase raw materials in local and foreign markets. Given the volume of planned investments, the company is considering signing an investment agreement.
Ospankulov supported the company’s plans and said: “One of the areas of our work is to support foreign investors. We are also working steadily to improve the regulatory framework for more comfortable support of investors’ projects in Kazakhstan.”
The Swiss company INOKS Capital implements projects in the manufacturing sectors of the emerging markets of the CIS and Africa. So, since 2020, the company has implemented several projects in the agricultural industry of Kazakhstan. Among them are the creation of orchards in the Almaty region, as well as a plant for the production of mixed feeds at the Khorgos–Eastern Gate FEZ. At the moment, the company is negotiating the creation of an agricultural fund with Qazaqstan Investment Corporation.
