Advantage Central Asia

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MAXVIDL

Advantage Kazakhstan and Maxvidl LLP signed an Agreement on export support for composite lighting poles produced in Kazakhstan. Mixville launched the country’s first production of lighting poles and fiberglass pipes in November. The capacity of the production organized in Astana is more than 10 thousand poles per year. The amount of investment in the project …

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Jean-Francois

Jean-Francois Boisson is appointed Vice President – Strategy at Advantage Kazakhstan. He graduated from Paris-Dauphine University, has a PhD in economics and IAE in business management. He holds a Master in Electronic. Mr. Boisson has more than 40 years of experience in C-level positions in industrial business, including positions of General Manager of Gemini France, …

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BM CAPITAL

BM CAPITAL and Advantage Kazakhstan signed a partnership agreement as a part of their joint project aimed at expanding the cooperation between Kazakhstan, Belarus and Russia. According to the Agreement, Advantage Kazakhstan will act as a Kazakhstan conductor of full support to Russian and Belarusian companies that are planning to enter the Kazakhstani market and …

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Union of Mechanicians of Kazakhstan

Advantage Kazakhstan has signed a Cooperation Agreement with the Union of Mechanicians of Kazakhstan. UMK is a very large association, which unites over 400 machine-building enterprises. Since Advantage Kazakhstan collaborates with international enterprises operating in the industry, now that this Agreement is signed, we will be able to find sites quickly and efficiently for the …

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KAZAKH INVEST

Today, “Advantage Kazakhstan” signed a “Memorandum of Understanding” with the “National Company “KAZAKH INVEST””. The Parties expect this Memorandum to become an important mechanism in improving business competitiveness in the Republic of Kazakhstan and the European Union countries and to establish a comprehensive approach to international projects localization and local content provision. According to this …

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Social Innovations

By order of the President of Kazakhstan from July 1, 2019 financing will be allocated:   350 billion tenge (€ 820 million) for the modernization of transport infrastructure. 140 billion tenge (€ 330 million) for the provision of water supply and sanitation. 190 billion (€ 440 million) tenge for gasification and electricity supply. 90 billion …

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Economy Indicators

Indicators of the economy of Kazakhstan were made public:• The share of the shadow economy is almost 26% of GDP.• The volume of public procurement – € 10.295 billion (4,400 billion tenge). At the same time 75% purchased from a single supplier – without competition.• During privatization, objects worth € 751 million (321 billion tenge) …

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