We believe in long-term growth in Eastern Europe and Central Asia. This boundless region, located in between Europe and Asia, will benefit from China’s plans to re-establish the New Silk Road. Just like in medieval times, this was a trade corridor connecting the continents.
Natural resource-rich Eurasian countries are ripe for increased global investment. Eurasia has significantly improved ease of doing business, which is assessed by the World Bank on an annual basis. In terms of investment climate, Kazakhstan and Eurasian countries are catching up to the EU standards.
Low oil prices have led to currency devaluation but improved competitiveness in export-oriented processing industries. Countries like Kazakhstan are extremely rich in raw materials, but companies tended to export the crude. Now, oil and gas are increasingly being processed and refined to finished products, providing value-adding for businesses and the economy as a whole.
As Eurasia experiences a new influx of industrialization, governments are actively supporting localization through policy-making regulations.
CREON Group will play an instrumental part in these investing trends. The lucrative project opportunities are endless in crude to products. CREON Group has all the knowledge and the expertise for projects and initiatives across the region.