Mangystau Region Conclude Memorandum with AIFC

The governor’s office of the Mangystau region has concluded a memorandum with the Astana International Financial Center. 

The region has become Kazakhstan’s first region to partner with the AIFC.

The main goal of the partnership is to increase the economic potential of the region by attracting participants of the capital's financial hub. 

The works with investors will be based on principles of international law. 

Governor of Mangystau Region, Yeraly Tugzhanov said that the partnership with the AIFC opens up great opportunities for the region. 

According to results of the international investment forum, ‘Global Silk Road Mangystau Invest 2019’, in Nur-Sultan, an agreement was reached on the implementation of two projects in the Mangystau region. 

Additional 22 projects will be launched before the end of the year, including four projects with the participation of foreign capital of over US$66 billion.