The Government summed up the outcomes of KAZAKH INVEST’s activities for 2021
A regular meeting of the Board of Directors of National Company KAZAKH INVEST JSC took place under the chairmanship of the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, primeminister.kz reports.
The meeting reviewed the results of the company's activities for 2021, preliminarily approved the financial statements for 2021, as well as a set of internal documents in a new edition, such as the Accounting Policy and the Financial Resources Management Policy.
The reports for the 1st quarter of 2022 of the Internal Audit Service and the Anti-Corruption Compliance Service were taken into account. As Chairman of the Board Meirzhan Yusupov reported, 57 projects worth over $3.8 billion were implemented in 2021 with the support of KAZAKH INVEST creating about 5,000 jobs.
Over 190 visits of foreign investors were organized to the regions of Kazakhstan with attending production sites, holding negotiations with representatives of public agencies and local businesses.
It should be noted that by the end of 2021, the gross inflow of foreign direct investment in Kazakhstan was back to its pre-pandemic level and amounted to $23.7 billion. On behalf of the country's leadership, large-scale efforts are being carried out to localize the production of international companies in the territory of the Republic of Kazakhstan. Packages of investment proposals were sent to more than 200 companies in non-oil sectors from about 30 countries of the world.
Active negotiations are underway with interested companies. The Prime Minister of the Republic of Kazakhstan was also informed of the results of the activities of representative offices of KAZAKH INVEST abroad. The performance indicators of foreign representative offices are annually reviewed at a meeting chaired by Deputy Prime Minister - Minister of Foreign Affairs Mukhtar Tleuberdi. They stressed that the efforts in this direction are being activated due to the gradual lifting of pandemic restrictions in the regions where foreign representatives are located.