Kazakhstan has established Special Economic Zones (SEZs) as part of its strategy to attract foreign investments, boost industrial diversification, reducing dependence on imported products and promote innovation. These zones offer preferential tax regimes, simplified administrative processes, and robust infrastructure tailored to specific industries. As of now, Kazakhstan has 8 active SEZs, each with a distinct focus on promoting economic growth in targeted sectors.
Key SEZs in Kazakhstan:
Astana – New City: Focused on construction and infrastructure development, supporting the rapid urbanization of the capital.
Khorgos – Eastern Gate: Located near the China-Kazakhstan border, it plays a pivotal role in trade and logistics as part of the Belt and Road Initiative.
Pavlodar SEZ: Specializes in metallurgy, chemical industries, and manufacturing, leveraging the region’s rich natural resources.
National Industrial Petrochemical SEZ (Atyrau): Dedicated to petrochemicals, this SEZ is strategically positioned in one of Kazakhstan’s oil-rich regions.
Ontustik (Shymkent): Focused on textile and food industries, it taps into the agricultural potential of southern Kazakhstan.
Taraz Chemical Park: Specializes in the chemical and mining industries, supporting high-value chemical production.
Saryarka (Karaganda): Aims to develop metallurgy, mechanical engineering, and industrial manufacturing.
Aktau Seaport SEZ: Positioned to enhance trade and logistics, particularly maritime transport through the Caspian Sea.
Advantages:
Tax incentives: exemptions from corporate, land, and property taxes.
Customs benefits: duty-free import of equipment and raw materials.
Streamlined processes: simplified business registration and operational regulations.
Article is prepared by Ekaterina Kassumova,
Director of FChain Kazakhstan
27th of November 2024
