Today at the IV Zhas Otan Congress in Astana, Deputy Chairman of the Board of Kazakh Invest NC, Rustam Issatayev, spoke about the pace of attracting investment in the manufacturing sector.

"About 70% of all investments attracted to Kazakhstan were directed to the mining sector. Thanks to the process of industrialization, since 2006 we have managed to double the share of investments in the manufacturing sector. In figures, earlier 7%, and now about 15% of the total volume of foreign investments are directed to the processing sector. That is, there is a result," Rustam Issatayev said, speaking at the  section session "Made in Kazakhstan."

So, if the total volume of foreign investments from 2005 to 2010 amounted to about $6 billion, then the seven years of the implementation of the Industrialization Program from 2010 to 2016 have raised about $25 billion.

"Kazakh Invest national company is endowed with a high status, first of all, in order to practically help each investor in the manufacturing sectors, IT, tourism sector, etc., that is, each project is individually tailored to solve investors' problems at all levels," the speaker noted.

Rustam Issatayev stressed that Kazakh Invest is quickly solving the issues of investors.

"Almost every week at the level of the Prime Minister, who is the Chairman of the Board of Directors of Kazakh Invest, major projects are heard and all operational issues are solved, ranging from bringing land, issuing visas and so on. That is, over these years we saw a twofold progress, but we intend to continue to increase the pace,” Rustam Issatayev concluded.

 

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