Home » Business » Croatian Companies Chase Lucrative Kazakhstan Motorway Construction Contracts

Croatian Companies Chase Lucrative Kazakhstan Motorway Construction Contracts

1024px-Central_Downtown_Astana_2There could be some lucrative contracts for Croatian companies as Kazakhstan begin new motorway construction…

Delegates from KazAvtoZhol, the operators of Kazakhstan’s state-owned motorway, have invited Croatian construction to apply for road construction tenders in the former Soviet republic during a meeting in Zagreb yesterday. The meeting was organised by the World Bank as part of motorway management and infrastructure construction and maintenance projects, and also saw Croatian construction companies Institut IGH and Viadukt take part.

During the meeting the Kazakh delegation talked about the favourable business environment for foreign companies, advising the Croatian companies that VAT was 12%, equipment imports were not subject to customs duties, and tax relief was possible for investment in land and facilities.

Croatia and Kazakhstan have maintained good economic relations over the last couple of years with Croatia exporting over 23 million USD worth of goods there. Industrial equipment, iron, steel, medicines and food were the most common goods arriving from Croatia. Meanwhile, Kazakhstan exported a lot more to Croatia – 417 million USD worth of goods, including petroleum and oils, petroleum gases, copper, zink, and food products.

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

Bryan Adams to Play in Zagreb

Good news for Bryan Adams fans as it has been announced that the Canadian star will tour Croatia later this year. Adams will play at Zagreb Arena in the Croatian capital on 9 November 2017 as part of his Get Up Tour series. The legendary musician, who had a number of big hits like ‘Summer...

New Attraction Opens at Dubrovnik City Walls

A new attraction, which is part of the spectacular Dubrovnik City Walls, has opened last night. Dubrovnik’s most popular tourist attraction, which annually attracts over one million visitors, has a new attraction open to the public – Minčeta Fortress. Minčeta Fortress, named after the Menčetić family who owned the land the tower was built on,...

First Chinese Teahouse in the Centre of Zagreb

By Iva Ralica The first authentic Chinese Teahouse has opened in the Croatian capital. Located in the middle of Zagreb (Ilica 107), Jing Yuan Teahouse offers guests a unique experience. Visitors can enjoy total relaxation by indulging in proper, pure high quality Chinese teas in an authentic environment. Calming and tranquil Chinese music and traditional...

[VIDEO] NBA Star Derrick Rose Forgets His Visit to Croatia

It is hard to remember sometimes what we done yesterday, let alone 4 years ago, but to completely forget visiting a country is hard to imagine. Well that is what happened to NBA star Derrick Rose. The New York Knicks point guard was interviewed by CroatiaSports.com after their recent match against the LA Clippers and...