Kazakh Invest Company to launch the electronic monitoring system for investment projects in October

The investment projects information and monitoring system, which should completely exclude the "falling out" of projects, will be implemented on October 1 of this year. This was reported by Deputy Chairman of Kazakh Invest Birzhan Kaneshev.

As reported by B. Kaneshev, today the system operates in a manual mode. Its operating name is Follow Up.

All 150 projects in it are structured according to sectors, countries and other parameters. Also, the missing sections, financial models, which are necessary to ensure the full operation of the project, have been completed. In addition, the requirements for projects are systematized in accordance with international standards of financial institutions. All projects are translated into foreign languages.

From October 1, the electronic system will be open to foreign investors and Kazakhstani entrepreneurs.

"A foreign investor will see the industry and the size of the project, as well as the needed amount of funds for co-investment. He will look for a partner exactly for this project in Kazakhstan. As soon as the signal comes, we bring him to the author of the project," Birzhan Kaneshev explained.

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