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Thursday, September 23rd, 2021

FDI inflow in Kazakhstan increased due to state programs

by December 20, 2016 Health

Government meeting considers the investment activity in Kazakhstan over the first 11 months of 2016.

According to the Minister of National Economy Kuandyk Bishimbayev, increased investment activity is one of the major conditions for sustainable positive economic growth. The volume of investments has grown up by 4.7% over the 11 months of 2016 � up to 6 trillion tenge.

The growth was facilitated by the industrial-innovative and infrastructural projects under Nurly Zhol, State Program of Industrial-Innovative Development and anti-crisis programs.

In addition, the positive FDI dynamics since the year-beginning should be noted. Thus, the net FDI inflow over January-September amounted to $12.1 billion, that exceeds the last years level 4.4 times.

Source: Government of the Republic of Kazakhstan