In 5 Years, Over 20 Billion Dollars Of Direct Foreign Investments Attracted In Kazakhstan

In 5 Years, Over 20 Billion Dollars Of Direct Foreign Investments Attracted In KazakhstanKazWorld.info – From 2010 to 2015 in processing industry, more than 20 billion dollars of direct foreign investments were attracted, that it is more than by 3 times for all years of Kazakhstan independence, the first vice-minister of investments and development Albert Rau said during the V International scientific and practical conference “Industrial policy of Kazakhstan: increase in competitiveness of industrial enterprises in priority sectors of economy by work performance improvement”.

“Thanks to the focused support from the state, the processing sector became more attractive to investors, so from 2010 to 2015 in processing industry more than 20 billion dollars of direct foreign investments were attracted that it is more than by 3 times for all years of independence,” he said.

Thus, the share of processing industry in the total amount of direct foreign investments considerably increased, also the labor productivity increased in the first five-years period.

“The task which was set by the President was executed by 1.3 times that is caused by increase in indicators by all main sectors. On building materials – twice, the chemical industry – by 1.9 times, mechanical engineering – 1.7 times, metallurgy – by 1.5 times, pharmaceutics – 1.3 times,” he added.

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