Kazakhstan is the largest recipient of direct investments in Central Asia
Favourable investment climate in Kazakhstan is contributing to the growth of foreign capital investments attracted to the country. Kazakhstan is the largest recipient of direct investments in Central Asia as 70 per cent of the region’s FDI is attributed to Kazakhstan. According to experts, new developments have increased the number of foreign entrepreneurs. To minimize the administrative burden on investors and to simplify their Government operations, many services in Kazakhstan will be available online based on the ‘single window’ principle in 2019.
YERLAN KHAIROV, CHAIR OF COMMITTEE, KAZAKH MINISTRY OF INVESTMENTS AND DEVELOPMENT:
- More than 300 services will be provided at one spot. Foreigners can receive visas. If they bring their colleagues here, they can register their workforce. They also can register enterprises and receive tax payer’s registration or land papers. If they deal with natural resources, they can register the right for the subsoil use.