Ilyas Tulekeyev


General director
KAZ Minerals Bozymchak

Ilyas Valeryevich Tulekeyev was born in 1969, Kazakh, higher education. In 1992, he graduated from the Kazakh Polytechnic Institute named after Lenin with a degree in non-ferrous metals metallurgy, engineer; Eurasian Institute of Market (Alma-Ata), 2000, economist; in 2009, Higher School of International Business of the Russian Federation - Master of Business Administration (MBA). Candidate of Economic Sciences.
He is an emeritus professor at the Kyrgyz State University of Geology, Mining and Natural Resources Development named after academician Usengazy Asanaliev (Kyrgyzstan).
He started his career as deputy director for production in Ardak small enterprise in Almaty, was a leading specialist in the State Foreign Trade Company Otyrar, then chief specialist of Miras JSC, chief manager of AZUS JSC in Aktobe. From 1998 to 2002, he was the President of Tsvetmetnsnab JSC, Almaty. From 2002 to 2006, he was vice-president, Deputy commercial director of Vertex Holding OJSC, Almaty, then worked as Deputy general director for commerce and sales, procurement director of Kazakhmys Corporation LLP, Dzhezkazgan. From 2006 to 2012, he was General director of Vertex Holding LLP, Almaty.
From 2011 to the present, he has been the General director of KAZ Minerals Bozymchak LLC, one of the largest mining companies in the Kyrgyz Republic. The Bozymchak deposit is located in the south of the country, in Jalal-Abad region.
Since 2021, he has been co-chairman on the Kazakhstan side of the Kyrgyz-Kazakh Business Council.

Session 3: Mineral Resources development and FDI opportunities in Armenia, Kazakhstan, Kyrgyzstan, Mongolia and Uzbekistan
27 November 2023 / 12:00 - 13:30 | Auditorium

Bozymchak: a successful example of investment opportunities in the Kyrgyz Republic.

The report discusses investment opportunities in Kyrgyzstan, using the case of a prominent Kazakhstan investor as an example.
The development of the Bozymchak deposit represents one of the most significant investment projects currently underway in Kyrgyzstan. The company's experience is exceptional as Bozymchak is among the first enterprises of this magnitude to commence operations during the Kyrgyz Republic's years of independence, symbolizing the resurgence of the mining industry. With the launch of this enterprise, the Kyrgyz Republic established its copper industry for the first time.
For the first time, the company had to confront and address challenges that later had a beneficial impact on the overall development of the mining industry.
The company is also recognized as a positive example of establishing relationships with the local population, which enhances the investment appeal of the republic.
The company's successful operations serve as an illustration of Kyrgyzstan's favorable investment environment. A constructive dialogue has been established between businesses and the government. The state provides support to conscientious investors who operate in compliance with the law and fulfill all their commitments and agreements.
In addition, the company is a kind of connecting link between two friendly countries - the Republic of Kazakhstan and the Kyrgyz Republic and contributes to the deepening and development of not only economic, but also cultural and humanitarian cooperation between them.