28 September 2018, 04:27

Bakytzhan Sagintayev holds a meeting of the Board of Kazakh Invest

September 28 in Ukimet Uyi the Prime Minister Bakytzhan Sagintayev chaired an in-person meeting of the Board of JSC Kazakh Invest National Company.

At the meeting, measures to improve the mechanisms for attracting foreign investments to Kazakhstan and promoting the investment image were discussed. The participants of the meeting also reviewed the reports of the company's activities for the past period.

Within the framework of the National Investment Strategy, a number of tasks have been identified to develop concrete measures to improve the country's investment climate. Chairman of the Board of Kazakh Invest Saparbek Tuyakbaev reported that 25 foreign documents were concluded with foreign organizations for more than a billion dollars in 2017. Also in this period, more than 250 meetings were held with investors from the US, Germany, France, Italy, Turkey, Japan, China, South Korea, etc. In addition, according to the 2017results, 145 investment projects worth $47.8 billion with the creation of about 35,000 jobs, of which nine projects worth $188.9 million were introduced at the end of 2017. Today, the monitoring system of the company includes 188 projects worth $50 billion with the creation of about 55,000 work places.

The Independent Director Ulf Wokurka also made a report.

Kazakh Invest National Company was established on behalf of the Head of State on the basis of the National Agency for Export and Investment Kaznex Invest. According to the tasks, Kazakh Invest is called upon to act as a single negotiator with target transnational companies and large investors on behalf of the Government of the Republic of Kazakhstan.

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