Deloitte and Kazakh Invest hold a seminar for Chinese investors
Beijing, 22 October 2018. Deloitte, jointly with Kazakh Invest National Company, hosted a seminar dedicated to developing Kazakhstan’s investment climate in Beijing, China, as part of the “One Belt - One Road” initiative. The objective of the event, held on 22 October 2018, was to boost cooperation across the largest economy sectors of Kazakhstan and China.
Dina Tasbulatova, a partner and general director of Deloitte TCF LLP said, “We believe that this event, organized jointly by Kazakh Invest and Deloitte, will boost Kazakhstan-China relations and promote investment in both countries. Deloitte has held the event for the fifth consecutive year, and it has become a major platform bringing together investors and companies”.
At the seminar, Deloitte and Kazakh Invest presented 17 investment projects, totaling more than USD 8 billion, in the mining, chemical, petrochemical, transportation, logistics and energy sectors, to the largest Chinese companies and investors. Seminar participants included officials from the Embassy of Kazakhstan in China, executives of Kazakhstan companies and Chinese investors.
Alexander Krylov, CIS Department Leader in Deloitte China: “Kazakhstan has been recognised in the CIS for a number of years as an attractive investment target for China. Kazakhstan’s key position in Central Asia and its proximity to China and Russia represent a real opportunity for Chinese companies. This is the 10th anniversary of Deloitte’s CIS investment event in China, for which we truly value the cooperation provided by Kazakh Invest and the Kazakhstan Embassy in China”.
Over the last two years, participants have been looking at projects that may be implemented as part of the “One Belt - One Road” initiative. “One Belt - One Road” is a Chinese international initiative aimed at the improvement of the existing and the creation of new transport, energy and trade routes between the Central and South Asia and Europe. The idea underlying the concept was put forward by Chinese President Xi Jinping and first presented in his speech in Astana during a state visit to Kazakhstan in September 2013.
Currently, Kazakh Invest National Company, jointly with Deloitte, is looking at new investment opportunities in various countries, including the UK, Germany, Singapore and Japan.
About Deloitte CIS
With over 264,000 employees, Deloitte has grown to be one of the largest professional services firms worldwide with a presence in over 150 countries. Deloitte offers unrivalled depth, breadth and quality of professional expertise to serve the needs of clients across various industry sectors.
Deloitte CIS is one of the leading international professional services firms that offers audit, consulting, corporate finance, enterprise risk, and tax and legal services leveraging professional experience of approximately 3,700 employees in 19 offices of 11 countries across the region.
Today Deloitte is the fastest growing Big Four firm in Kazakhstan, with offices in Almaty, Astana, Atyrau and Aktau.