On strengthening the attraction of foreign investment

Nur-Sultan, March 10, 2021 – Under the chairmanship of Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi, an online meeting was held with the heads of Kazakhstan's foreign institutions on attracting foreign investment. The leadership of the relevant and branch ministries, Astana International Financial Centre and international representatives of "Kazakh Invest" also took part.

During the meeting, the Foreign Minister focused on the importance of strengthening and expanding the work of foreign institutions in the investment direction in view of the task to increase the volume of foreign direct investment attracted to the country to 30 billion US dollars by 2025. In this context, it was noted that the work of the diplomatic missions will be evaluated at the end of the year for achieving key indicators, including within the framework of already adopted Country Investment Programs.

The heads of diplomatic missions got acquainted in detail with the new approaches to working with investors and supporting investment projects in the country, developed on behalf of the Head of State within the framework of the expanded meeting of the Government on January 26, 2021, as well as with the assignment of issues of attracting investment to the deputy first heads of central state bodies, local executive bodies and national companies.

In order to further strengthen interdepartmental cooperation and coordinate the work of embassies on the investment and economic track, it was decided to hold regular targeted online meetings between foreign institutions and relevant departments, akimats and organizations.