Nazarbayev offers foreign investors to expand presence in Kazakhstan

June 3. KAZINFORM. ALMATY

Nazarbayev offers foreign investors to expand presence in KazakhstanAfter the final decision on restructuring of BTA Bank debt the country’s banking system fully recovered from the crisis. We are grateful to our creditors and ready to continue joint work. Kazakh President Nursultan Nazarbayev has said while opening the IV Kazakhstan Investment Summit in Almaty today.

“Upon the results of the last year, despite the crisis Kazakhstan ensured stability and growth of all macroeconomic indices. We have kept the dynamics of economic growth. Over 4 months of the current year the growth of GDP has exceeded 7%”, the Head of the State noted.

“USD 108 billion of investments was attracted to our economy over the years of independence. This is 80% of all foreign investments to the Central Asian region. 20,000 enterprises involving foreign capital including more than 7,000 in non-primary sector operate in our country. Among them are such world’s giants as General Electrics, Chevron, Samsung, etc. Their successful work is an evidence of long-term, sustainable development of Kazakhstan”, N. Nazarbayev emphasized.

“We offer foreign investors to expand their presence in our country through participation in the projects of the Industrial Innovative Development Program. We will encourage investors who will not just invest in building new facilities, but also bring to our economy new technologies, train Kazakh specialists”, the President stressed.

http://www.inform.kz/eng/article/2274541

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Kazakhstan demonstrates essential increase in competitiveness: N.Nazarbayev

June 3. KAZINFORM. ALMATY

Daniyar Sikhimbayev

“In the Strategic Development Plan of the country till 2020 we set a task to become the most attractive Central Asian country for investments”, Kazakh President Nursultan Nazarbayev has said today opening the IV Kazakhstan Investment Summit in Almaty.

“Kazakhstan remains one of the most attractive countries. Our state has been in the top three world countries on attracted investments per capita for the last ten years. In 2007 Kazakhstan was one of the first who experienced the global financial-economic crisis which later covered the world”, the President noted.

“Taking into account the experience of the Asian and other crises we created a margin of safety in advance, formed mitigating factors. We established the National Fund that accumulated essential reserves – over 30% of the GDP of the country. We were able to counter the crisis successfully due to this Fund, timely reforms, and preventive diversification of the economy, based on the Strategy of Industrial-Innovative Development adopted in 2003. As the result Kazakhstan demonstrates essential increase in the competitiveness of the country”, the Head of the State said.

http://www.inform.kz/eng/article/2274546

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Industrial Innovative Development Program till 2020 vitally important for Kazakhstan – Nazarbayev

June 3. KAZINFORM. ALMATY

Daniyar Sikhimbayev

This year we have launched a new program of industrial innovative development till 2020. This is a vitally important project for Kazakhstan. President Nursultan Nazarbayev has said it at the IV Kazakhstan Investment Summit in Almaty today.

The Head of the State noted that he instructed the Government to ensure diversification of Kazakh economy and move it on the path of innovative development. “Much significance in this work is assigned to the attraction of foreign investments. To implement successfully our plans on Kazakhstan’s industrialization we have determined 12 priority sectors of the economy. They are metallurgy, oil refining and chemical industries, agro-industrial complex, machinery, construction industry, transport and telecommunication infrastructure, etc. The priority will be given to the projects providing production with high added value”, the President emphasized.

http://www.inform.kz/eng/article/2274547

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Industrialization Map includes over 100 projects amounted to USD 45 bln: N.Nazarbayev

June 3. KAZINFORM. ASTANA

Daniyar Sikhimbayev

Speaking at the opened today IV Kazakhstan Investment Forum President of Kazakhstan Nursultan Nazarbayev has reminded that within the Program of Forced Industrial-Innovative Development the Industrialization Map of the country had been developed. The Map includes over one hundred projects of national and regional significance to the amount of USD 45 bln.

“Development of favorable climate for direct investments to the non-primary sectors of our economy is an important condition for successful implementation of the State Program”, N.Nazarbayev said.

http://www.inform.kz/eng/article/2274556

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Kazakhstan creates maximally favorable climate for attracting investors – President

June 3. KAZINFORM. ALMATY

Daniyar Sikhimbayev

“The Customs Union of Kazakhstan, Russia and Belarus opens wide opportunities for foreign and Kazakh entrepreneurs. This is a huge commodity market with USD 2 trillion of the total volume of GDP and 170 million population. It will be a stimulus both for the domestic and foreign investors to establish new productions in the Customs Union area”, Kazakh President Nursultan Nazarbayev has said at the IV Kazakh Investment Summit in Almaty.

According to N. Nazarbayev, Kazakhstan creates maximally favorable climate for attracting investors who are ready to open new enterprises.

“Our doors are wide open to all who seek to cooperate with Kazakhstan on a mutually beneficial basis. I am confident that foreign businessmen attending the forum will study the opportunities offered by our country. I am sure this meeting will be useful for our guests”, N. Nazarbayev stressed.

http://www.inform.kz/eng/article/2274573

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Establishment of Customs Union positive for foreign investors – Alstom Transport President

June 3. KAZINFORM. ALMATY

Rassul Bakhamov

Establishment of the Customs Union by Kazakhstan is one of the positive factors for foreign investors. President of Alstom Transport Philippe Mellier has said it at the IV Kazakh Investment Summit in Almaty today.

He pointed out three main factors having positive influence on the work of foreign companies in Kazakhstan. In particular, this is the availability of modern technologies by foreign investors, which is important for the Industrial Innovative Development Program of Kazakhstan. Another factor is the existence of a large market for attracting investments and development of modern productions in Kazakhstan. The third factor is the opening of wide opportunities for export due to the formation of the Customs Union.

“Kazakhstan is not an isolated state. It has all conditions for realization of opportunities. Kazakhstan is attractive for investments and exports”, he noted.

http://www.inform.kz/eng/article/2274644

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