Invest to kazakhstan
In addition , Kazakhstan is interested in cooperation in the sphere of export-oriented , high-tech products of the manufacturing industry , information technologies , MMC , and agro-industry . We want to introduce the elements of Industry 4.0 into production , use industrial internet and smart technologies , as well as digitalization and 3D printing . Also , the European companies have developed expertise in alternative energy and green technologies , modern financial technologies , etc .
There are already good illustrations of work , for example , of German companies in Kazakhstan .
Heidelberg Cement produces cement at three factories in Kazakhstan , which provide one-third the needs of the domestic market and exports products to Russia , Uzbekistan , Turkmenistan and Azerbaijan . This year , the company bought four cement production plants , and the total capacity of all plants in Kazakhstan will be about 13 million tons of cement per year .
Knauf , Funke Kunststoffe and Henkel produce construction materials . Linde – industrial gases ; Boehmer – production of ball valves . Isoplus – pipe production . METRO Cash and Carry – retail .
Everybody knows that attracting investments is one of the most important priorities of the state policy of Kazakhstan . Could you highlight the innovations in investment policy ? Why should a European investor choose Kazakhstan ? That ' s right . On the instructions of the Head of State , the government has developed new approaches , which will soon find their consolidation in the national investment strategy . The strategy will cover a wide range of issues important for investors and the state . The most important for the investor is the comfortable investment climate and the proactive position of the state .
To improve the investment climate , we focus on the standards of the Organization for Economic Cooperation and Development member countries . In 2011 , the OECD experts have performed the first review of the investment policy and provided recommendations for its improvement . During these five years , many things have changed : within the framework of the Nation ' s Plan to Implement 5 Institutional Reforms of the President of the Republic of Kazakhstan , N . Nazarbayev , the judicial system has been revised , taxation and customs administration improved , the permissive system optimized , the conditions for doing business radically improved , and the protection of intellectual property rights strengthened . And this is not the end , changes have affected all areas .
In 2016 , the OECD has performed a second review of Kazakhstan ' s investment policy , noted significant progress in implementing the 2011 recommendations . As a result of the second review , the OECD has invited Kazakhstan to join the OECD Declaration on International Investment and Multinational Enterprises , and to become an associated member of the OECD Investment Committee . This is an important signal for investors , Kazakhstan ' s investment climate meets the high standards of the OECD and , most importantly , the state undertakes obligations to comply with best practices and recommendations of the OECD and will continue to work on improving the conditions for business and investment .
We became proactive , we go to the investor , and do not wait when he suddenly becomes interested in Kazakhstan . The strategy will determine the priority directions : where to take investments , how and where to attract them . That is , we will concentrate on specific countries and companies ; we will conduct the point work to attract TNCs and large investors to priority sectors of Kazakhstan ' s economy .
For this purpose , this year , a specialized national investment attraction company KazakhInvest was established . This is not just a rebranding ; the KazakhInvest will become a ‘ one window ’ for investors , which will ensure their attraction , maintenance , ‘ landing ’ of projects , as well as post-investment support . In addition , the company will have its representatives both abroad and in the regions .
To support investors who implement projects in priority sectors of the economy , there is a package of motivations and statesupported measures for investors : exemption from customs duties , CIT and land tax for 10 years , and property tax for 8 years , state compensation of capital investor ’ s expenditures to 30 %, and much more .
In addition , Kazakhstan has a required infrastructure : special economic zones , industrial zones .
supported by EUROBAK
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