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  • A.Issekeshev: Kazakhstan launched proactive policy to attract investment
26 Мая, 2016 15:03

A.Issekeshev: Kazakhstan launched proactive policy to attract investment

Kazakhstan has launched a proactive policy to attract investment. The foreign investments (FDI) in the oil refining increased by 80%, production of food - by 30%, engineering - 7 times, Minister for Investment and Development of Kazakhstan Asset Issekeshev said at the Astana Economic Forum .
A.Issekeshev: Kazakhstan launched proactive policy to attract investment | Strategy2050.kz

"In general, over the last 25 years, 70% were attracted over last 5 years and amounted to $ 20 billion. We see development of Kazakhstan –  in development of private investments ", - said A. Isekeshev.

The Ministry works in several directions - improving the investment and business climate, providing better conditions for investment protection, a fair judicial system, providing the economy highly qualified human resources.

Today, the MID has about 200 investment projects worth more than $ 40 billion.

"Every investor is important to us. We attract TNCs, SMEs, financial and institutional investors in "greenfield" projects, "brownfield", PPP. I think that our strategy provides a good opportunity for all investors ", - concluded A. Isekeshev.

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan