The Government discussed approaches to improve the investment climate
Speaking at a Government meeting, Deputy Prime Minister - Minister of National Economy Nurlan Baybazarov spoke about existing measures to support and stimulate investments, as well as plans to improve them.
Work on attracting investments
In 2024, according to the plan, 22.1 trillion tenge will be invested in fixed assets (+22% by 2023)
Within the framework of a Single pool of investment projects, 234 projects worth KZT 2.3 trillion are planned to be implemented this year
KPIs are assigned to each akim of the regions and the minister of sectoral government agencies
The Investment Headquarters has been strengthened
Work continues on the relocation of 37 companies
Measures taken to improve the investment climate
The mechanism for concluding Investment Agreements has been improved
An Agreement on investment obligations has been implemented
An improved model contract has been implemented
Measures have been taken to improve the efficiency of the FEZ
A rating of akims and ministers on attracting investments has been formed
A differentiated approach to providing tax benefits for FEZ participants has been introduced
Updating the Concept of Investment Policy until 2029
Regional and sectoral investment needs are being formed
Targeting high-quality investments
New KPIs based on international ratings
A selective approach to granting investment preferences
Approaches will be provided for post-monitoring of investment projects and evaluating the effectiveness of the provided preferences, further stimulating investments
The ecosystem within the Investment Headquarters
Support of investment projects through Fast Track or "green corridor"
Monitoring of all stages of project implementation through the National Investment Platform
Development of a National infrastructure Plan until 2029
To reduce the costs of investors, the use of international standards for construction
Implementation of the service model of tax administration
Fiscal assistance to the taxpayer, from registration to de-registration
Revision of the account seizure mechanism
Reduction of tax reporting by 30% and tax payments by 20%
Integration of the Business Roadmap and Economy of Simple Things programs into the SME Support Program
A differentiated subsidy method with a phased transition to market conditions
Counter obligations have been strengthened
The basic input criteria for the selection of business projects have been established
The gradual transition from a subsidy tool to the expansion of the guarantees of the Damu Loan Fund