World Monitor Magazine, # 1, 2017 | Page 11

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Invest to kazakhstan

In 2017 , the aim is to put into operation about 40 projects with foreign investments

of about one billion US dollars

Kazakh Invest , the specialized national investment company is being established on the basis of JSC Kaznex Invest .

The company will :

perform as ' single negotiator '. Monitor ( follow up ) of all the agreements reached among the officials . Follow the accomplishment of investment projects and decisionmaking , using the ' single window ' principle . Manage FEZ and infrastructural development .

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National strategy to attract investments Kazakh Invest , the specialized national investment company is being established . The company will be performing as ' single negotiator ' with target TNCs and big investors on behalf of the government . Reinforcement of the Ministry ' s work with coordination the activities of state bodies , Akimats , and national companies in the investment field . One more important goal is to improve the investment climate in accordance with OECD standards .
According to results of mutual cooperation in October 2016 , the investment Committee of OECD decided to recommend Kazakhstan to the OECD Board as a participant of the committee . In February 2017 the OECD Board finalized their decision to invite Kazakhstan as an associate member of OECD investment Committee . supported by EUROBAK
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