Since the beginning of the year, $700 million of direct foreign investments was brought to Kazakhstan's economy. This year’s figure exceeds last year’s inflow which reduced by one-third immediately. According to the National Agency for Export and Investment, a decrease of foreign capital inflow is observed in all countries of the world. Thus, the investment volume decreased by almost half in Spain, Finland, South Korea, Australia and Russia. Now the government of Kazakhstan is actively working to improve the investment climate. It created a ‘window’ for businessmen, improved visa and migration conditions, and eliminated administrative barriers. Kazakhstan took the 25th place for the protection of minority investors and improved its position by 12 points in the Doing Business rating.

 

Borisbiy ZHANGURAZOV, CHAIRMAN, NATIONAL AGENCY FOR EXPORT AND INVESTMENTS ‘KAZNEX INVEST’:

 

In 2014 Kazakhstan has attracted $1 billion in the manufacturing sector. Indicator is 2 times higher than in 2013. We hope that the trend will continue in 2016. Given the results of the first quarter, we have to reach $10 billion of net foreign direct investment. That is the level of 2013-2014.

 

Photo: invest.mid.gov.kz

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