Over 40 foreign companies relocated to Kazakhstan

At a recent briefing in the Kazakh government, Vice Minister of National Economy Bauyrzhan Kudaibergenov announced the relocation of 41 foreign companies to the country, the total value of which exceeds $1.5 billion, El.kz reports.

Kudaibergenov stressed that among the transferred companies are major players such as InDriver, TikTok and Fortescue, whose total value is estimated at more than $1.5 billion. Currently, work is underway with another 37 companies. Responsibility for coordinating this work rests with sectoral government bodies and the Investment Committee, with individual deadlines set for each company.