BAKU, Azerbaijan, July 2. Kazakhstan intends to
maintain its position as the leading destination for foreign
investment in Central Asia, President Kassym-Jomart Tokayev said
during the 38th plenary session of the Foreign Investors' Council
in Astana, the presidential press service reported.
"Despite an unfavorable external environment, Kazakhstan's
economy grew by 6.5 percent last year. The country's gross domestic
product exceeded $300 billion. Kazakhstan intends to retain its
leadership in Central Asia in terms of attracting investment. The
stock of net foreign direct investment has surpassed $150 billion,
accounting for nearly 70 percent of all investment in the region,"
Tokayev said.
The president said Kazakhstan has established a modern
institutional framework designed to attract international
businesses. As part of efforts to streamline investment procedures,
the country has launched the National Digital Investment Platform,
which operates as a one-stop shop for investors.
Tokayev added that the government's Investment Headquarters
ensures the prompt resolution of investor issues and provides
comprehensive state support for investment projects.
"Today, foreign entrepreneurs can benefit from our Altyn Visa
program, which offers tax incentives and simplified immigration
procedures. At the same time, we do not intend to rest on our
achievements. There is still a great deal of work ahead," Tokayev
said.
