Today in Ukimet Uyі, the Prime Minister Bakytzhan Sagintayev chaired a meeting of the Board of Directors of Kazakh Invest National Company JSC.

During the meeting, Kazakh Invest's work plan for 2018 was reviewed, as well as issues of improving the company's activities to attract investors within the framework of the National Investment Strategy Program were discussed.

Priority will be given to the implementation of agreements reached on the results of visits by the Head of State to the countries such as the United States, the United Arab Emirates, Japan, South Korea, China, Turkey and others.

To this end, Kazakh Invest is strengthening the Company's presence in five priority countries: the US, China, Germany, France and Turkey, where prominent businessmen with years of experience in attracting foreign investment and close ties with the business community of the host countries are involved in the work.

At the same time, to improve the investment climate in Kazakhstan further, a system has been built to monitor the degree of satisfaction with the country's investment climate and develop proposals for its improvement.

In addition, the meeting participants discussed a number of organizational issues. The decision was taken to optimize the structure of the company — the number of management personnel was reduced by more than two times, the number of departments was halved, the total number of the staff of Kazakh Invest NC was reduced by 10%.

For reference: Kazakh Invest National Company was established on behalf of the Head of State on the basis of the Kaznex Invest National Agency for Export and Investment. 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.