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  • Kazakhstani business needs enlarged investments access – Oshakbayev

Kazakhstani business needs enlarged investments access – Oshakbayev

25 August, 2014 18:38
“In order to increase production and increase exports the Kazakhstan business needs greater access to investment,” Deputy Chairman of the National Chamber of Entrepreneurs of Kazakhstan Rakhim Oshakbayev announced .

“We launch a campaign “Business- mobilization” where called business which encouraged entrepreneurs now activate and increase the volume of production of competitive products and begin to expand their export deliveries, including the Russian Federation,” Oshakbayev said.

According to the press service of the National Chamber of Entrepreneurs, the Deputy Chairman stressed the increasing export difficulties touches upon the lending question.

Thus, the business is currently experiencing difficulties in obtaining financing due to the high price of credit services and the lack of collateral base.

"Many companies demonstrate overlending, the others do not have enough collateral. There are certain legal restrictions, if we can remove them and move moneys to these investment projects, it will increase production,” R.Oshakbaev stated.

However, according to the Vice-Chairman, these difficulties will be overcome, as the dialogue between the Government and the business established yet.