ASTANA, Kazakhstan, May 16. Prime Minister of
Kazakhstan Olzhas Bektenov and international experts, led by the
World Bank Director for Central Asia Najy Benhassine, discussed the
implementation of a new investment cycle, Trend reports via the press service of the
Kazakh government.
During the meeting, the sides exchanged views on strategic
issues – the transition to a high-income economy, improving
productivity and economic efficiency, infrastructure development,
digitalization and artificial intelligence, and modern financing
instruments.
These areas are directly linked to the task of forming a more
competitive and technology-driven model of economic growth. In
turn, ongoing reforms across various sectors complement efforts to
increase investment.
Bektenov noted that Kazakhstan is prioritizing the acceleration
of economic diversification and further improvement of the
investment climate. With the adoption of the new Constitution,
Kazakhstan is entering a new stage of its development. Investment
policy and the attraction of investment are among the key factors
of sustainable economic growth, infrastructure modernization,
technological renewal, and productivity enhancement.
The Prime Minister informed World Bank representatives about the
ecosystem created to attract investment to Kazakhstan. Among the
new measures is the introduction of the “Golden Visa” regime to
create favorable conditions for investors and highly qualified
specialists, as well as strengthening the role of the Coordination
Council for the effective promotion of joint initiatives.
In turn, Najy Benhassine positively assessed the efforts to
improve and modernize economic processes in Kazakhstan. According
to him, the country maintains stable investment attractiveness. At
the same time, the transition to a high-income economy requires a
transformation of the growth model and improved investment
efficiency. A key task in this process is increasing
productivity.
