Over 40 foreign companies relocated from Russia to Kazakhstan - MinistryDeputy Minister of National Economy Bauyrzhan Kudaibergenov announced that over 40 foreign companies, valued at more than $1.5 billion, have successfully relocated from Russia to Kazakhstan."Today, the government is facilitating the relocation of foreign companies, particularly large enterprises. Our efforts encompass approximately 400 companies from over 30 countries. Notably, 41 companies, such as InDriver and TikTok, have already been successfully relocated, with a combined value exceeding $1.5 billion," Kudaibergenov said at a government briefing.The Deputy Minister mentioned that the companies being relocated span various sectors, including manufacturing, IT, digitalization, and mining sectors.Work continues for 37 more companies, including some from Russia, with a collective value of around $1 billion."I can't guarantee that it will be precisely 37 companies. It might be slightly fewer or more, but our goal is to complete this work by the end of the year. Each company's relocation process is handled on an individual basis," Kudaibergenov said.In 2023, KAZAKH INVEST reported 72 companies from the Russian market expressing interest in relocating to Kazakhstan. President Kassym-Jomart Tokayev directed the establishment of favorable conditions to facilitate their relocation. (ICE ALMATY)

Fonte notizia: INTERFAX