Alikhan Smailov: Kazakh Invest faces an important task to attract large corporations into the economy of Kazakhstan
A regular meeting of the Board of Directors of National Company Kazakh Invest JSC, chaired by the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, took place to review the results of the implementation of the company's development plan, as well as to address a set of organizational issues.
The Chair of the Board of Kazakh Invest Meirzhan Yusupov reported that last year the company managed to fulfill almost all development indicators, including the financial part and investment projects implementation.
This year, with the support of Kazakh Invest, it is planned to implement and put into operation almost 45 projects totaling more than $6 billion.
The Prime Minister stressed that in the context of the global struggle for foreign investment, Kazakh Invest faces an important task of attracting large corporations to the economy of Kazakhstan and implementing new investment projects.
“In this direction, all available tools should be used and proactive work should be carried out with foreign investors. The Government has created all conditions for this purpose”, said Alikhan Smailov.
The meeting also addressed the issue of introducing amendments and additions to the Company's Development Strategy for 2018-2027 to bring it into line with the Concept of the Investment Policy of the Republic of Kazakhstan until 2026. Thus, the Concept aims at ensuring an inflow of foreign direct investment of about $25 billion annually.