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Foreign businessmen informed on benefits of investing in Kazakhstan

by December 8, 2016 Legal

At the year beginning all the regional centers launched for investors a one stop principle. Thence we have rendered over 4,000 public services, including obtaining visa, permit for labor force inflow and obtaining plots of land, Vice Minister of Investments and Development Yerlan Khairov informs on the benefits of investing in Kazakhstan at the 2016 AlmatyInvest forum.

According to the Vice Minister, there is an investment ombudsman in the country. 60 matters approximately have been settled in investors favor through the pre-trial process.

If you produce goods new for Kazakhstan and focus on export, the state is ready to compensate a part of your expenses. We will allow you to import foreign labor force for the construction period plus a year after commissioning, Yerlan Khairov explains.

As informed by the Vice Minister, Kazakhstan has attracted $230 billion of FDI over 11 years; most of them were in oil and gas sectors, but due to the industrialization program, investment into manufacturing is growing.

2016 AlmatyInvest forum gathers together over 500 high-level participants.

Source: Government of the Republic of Kazakhstan