World Monitor Mag, Industrial Overview WM_November_2018_WEB_Version | Page 13

DESTINATION KAZAKHSTAN
Investment Statistics
Dynamics of investments in fixed assets in the
manufacturing industry, billion tenge
$12,3 bln.
15,4%
$10,6 bln.
9 month 2016
1 st half of 2018
825,5
599,4
543,1
1 st half of 2017
126,4%
103,5%
9 month 2017 9 month 2018
Dynamics of gross inflows FDI for 2005 - 1 half. 2018 billion US dollars
Gross inflow of FDI for 2005–2017 - $ 277 billion
19,4
7,9
2005
21,3
21,4
22,2
26,5
28,9
24,1
23,7
12,1
2006
2007
21,0
15,2
2008
2009
2010
2011
2012
2013
2014
investments in the manufacturing sector
did not exceed 8% – today this level has
increased almost 3 times. This suggests
that companies with new technologies
for processing and manufacturing
products come to Kazakhstan. became an associate member of
the Investment Committee of the
Organization for Economic Cooperation
and Development, and also joined the
Declaration on International Investment
and Multinational Enterprises.
Kazakhstan is the leader in Central
Asia in a total share of 70% in
attracted foreign direct investment. Kazakhstan’s accession to the OECD
Investment Committee and accession
to the Declaration testifies to our
country's desire to provide a fair
and transparent environment for
international investment, serves as an
indicator of Kazakhstan’s investment
climate compliance with the high
standards and practices of OECD
member countries, while also provides
the basis for foreign direct investment
in Kazakhstan, the influx of which is
expected from 47 donor countries.
During the years of independence, the
Government, under the leadership of
the Head of State, carried out large-
scale reforms to improve the country's
investment climate, with the result
that in the Doing Business rating of
the World Bank, Kazakhstan ranks
28th among 190 countries, having
improved its performance by eight
positions compared to last year.
As a result of the measures taken
in June 2017, Kazakhstan officially
In addition, to improve the investment
climate as laid out in the instructions
of the Head of State, the Ministry
2015
20,8
12,3
2016
half
2017 1 1 st полуг.
of 2018
2018
1
of Investment and Development of
the Republic of Kazakhstan together
with the World Bank has developed
a National Investment Strategy for
2018-2022. The Strategy focuses on
attracting foreign direct investment
in the non-primary sector, focused
primarily on exports.
It should be noted that within the
Strategy, special attention is paid not
only to attracting new investors, but
also to retaining existing investors
and encouraging reinvestment.
In addition, there are measures in the
Strategy aimed at improving investors’
work, and this is an important objective
for us, as statistics show that about
70% of foreign investments are
reinvestments. As a result of the work
on investments and reinvestments,
the following vivid examples of
investment projects can be noted.
supported by EUROBAK
11