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Kazakhstan Launches New Investment Drive as PM Demands Faster Project Delivery
['Fatima Kemelova']
The Astana Times
Shift to a proactive investment modelDeputy Prime Minister and Minister of National Economy Serik Zhumangarin reported that investment in fixed capital reached 22.7 trillion tenge (approximately US$45.17 billion) last year.
For the current year, targets have been set at 31.5 trillion tenge (US$62.7 billion) in fixed capital investment and $25.5 billion in foreign direct investment.
Authorities plan to implement 475 investment projects worth 16 trillion tenge (US$31.8 billion), creating more than 1,000 permanent jobs.
At present, 1,047 projects worth 74.5 trillion tenge (US$148.3 billion) are being implemented through the National Digital Investment Platform.
We will conduct a review of all investment projects in collaboration with government agencies.