IN ORDER TO CREATE A FAVORABLE INVESTMENT CLIMATE A NON-VISA REGIME FOR 19 PRIORITY COUNTRIES

The investors of Australia, Hungary, Italy, Monaco, Belgium, Spain, Netherlands, Norway, Sweden, Malaysia, UAE, Singapore, Great Britain, USA, Germany, Finland, France, Switzerland and Japan entered the list of priority countries, for which the Kazakhstan implemented a non-visa regime. From January 2015 year, MID RK began realization of measures of the investment state support accepted last year by the Head of the Government. For today, due to execution of 100 concrete steps on five institutional reforms realization, the Ministry intends to focus on measures not required additional funds.  

To improve the investment climate the Kazakhstan intends to focus on the following areas:

• Improving the investment climate in accordance with OECD standards;

• Activation of works on foreign investment and transnational corporations (TNCs) attraction;

• Collaboration on country basis;

• Activation of cooperation with international financial institutions (World Bank, IDB, ADB, EBRD) in the framework of Investment and Development Working Group of PPP;

• Improvement of the SEZ;

• Industrialization maps monitoring;

• Investment support activities;