International investment and co-operation

The realisation of large investment projects and the production of high-tech products require significant investments for start-up and development. In this regard, we actively attract foreign investment, which provides the necessary capital and favours the attraction of advanced technologies and knowledge from various countries.

Working with international partners, we create favourable conditions for the inflow of investments, minimising risks through co-investment and providing support in cooperation with government authorities.

We are implementing 19 investment projects together with foreign partners from China, UAE, Russia, Italy, Qatar, France and Azerbaijan.

We have entered into strategic partnership agreements to develop various sectors of the economy:

• A joint fund SK-AIH Investment Fund Ltd. was registered with Azerbaijan Investment Holding on the site of the International Financial Centre Astana. The activities of the Kazakh-Azerbaijani investment fund will be aimed at mobilising investments in various sectors of the economies of Kazakhstan and Azerbaijan, including the implementation of investment projects aimed at the development of the Trans-Caspian International Transport Route (TITR).
• A Partnership Agreement on strategic co-operation was signed with the financial conglomerate Societe Generale. The partnership includes financing the purchase of electric locomotives, assisting in improving the sustainability and efficiency of Kazakhstan’s national electricity grid; exploring opportunities for the implementation of sustainable aviation fuel (SAF) projects in the Republic of Kazakhstan; and co-operation in the field of nuclear energy education.
• In the energy sector:
  • A co-operation agreement with Ansaldo Energia (Italy) for implementation of energy projects, including the project Reconstruction of Almaty CHPP-3 based on CCGT with increase of plant capacity.
  • The Ministries of Energy of the Republic of Kazakhstan and the Russian Federation signed a Cooperation Agreement on the projects of CHPP construction in the cities of Kokshetau, Semey and Ust-Kamenogorsk.
  • A co-operation agreement was signed with China International Water&Electric Corp. (CWE) on the project for the construction of the first hydro-storage power plant (HSPP) in Kazakhstan.
  • A Framework Agreement (FA) was signed with CNPC for the project Construction of 400 MW Wind Power Plant with PetroKazakhstan (China National Petroleum Corp.).
  • An agreement was signed with China Energy Group on joint investment in the 800 MW RES project. The project includes construction of a 500 MW wind farm in Karaganda region and a 300 MW solar power plant in Turkestan region.
  • An agreement was signed with China Power International Holding for the development of a project for the construction of a 1 GW wind power plant with the installation of an electricity storage system.
  • An Investment Agreement (IA) was signed with Masdar (UAE) for a 1 GW WPP project with energy storage system.
  • A Joint Implementation Agreement (JIA) was signed with Power International Holding (Qatar) for the construction of a combined cycle power plant in Kyzylorda region.
  • A Joint Development Agreement (JDA) was signed with Nebras Power (Qatar) for the Semey HPP project.
  • In addition, to produce equipment for RES, we concluded an agreement on the construction of a plant manufacturing wind turbine components in Zhambyl region.
• In the oil and gas chemistry, the Fund concluded agreements with Qatar’s UCC Holding on joint implementation of projects for construction of gas processing plants (GPPs) at the Kashagan field.
• In the mining and metals sector, a Strategic Agreement was signed with Siemens aimed at the gradual localisation of measuring equipment, production automation equipment and electrical equipment in Kazakhstan.