On November 1, the VII Kazakhstan Global Investment Roundtable (KGIR-2024) was held in Astana under the “Global Investment Trends: A Vision of the Future” agenda.
Speaking at the forum, Kazakhstan Prime Minister Olzhas Bektenov noted that the roundtable is a logical continuation of the meeting of the Foreign Investors’ Council, which was held the day before under the chairmanship of the President of Kazakhstan, and is aimed at building a close dialogue with the business community.
According to Bektenov, the Government of Kazakhstan is systematically working to create a favorable investment climate. Today, there are 14 special economic zones in the country, where investors are provided with tax and customs preferences, the procedure for hiring foreign labor has been simplified, and administrative barriers for business have been reduced. Conditions have been created to ensure maximum protection of the rights and interests of domestic and foreign investors.
The Prime Minister emphasized that the development of industry is a priority for the country, and called on foreign companies to work more closely with the Kazakh business community.
“The Government of Kazakhstan will make every effort to maintain a stable and predictable investment climate. We attach great importance to direct interaction with investors at each stage of project implementation, and we aim to protect your rights. We strive to ensure that with the development of foreign production in Kazakhstan, the share of Kazakh content in products also increases. We welcome and encourage foreign investors to actively hire local specialists at all levels,” Bektenov said.
Thirty-one documents worth $7 billion were signed as part of the Kazakhstan Global Investment Roundtable-2024. The concluded agreements aim to develop strategic partnerships in key economic sectors, including agriculture, energy, education, and transport.
Photo: primeminister.kz
