Buyers keep a constructive pattern towards Kazakhstan throughout 2022 regardless of the worldwide disaster
The stream of direct funding to Kazakhstan elevated by 28% through the first half of 2022. Kazakhstan’s Deputy Minister of International Affairs, Almas Aidarov, stated that “final yr, we have been capable of attain the pre-pandemic stage of attracting investments. The quantity was 23.7 billion U.S. {dollars}. We now have knowledge for the primary half of this yr – 14.5 billion US {dollars}, a rise of 28% in comparison with final yr”.
Media briefing initiated by the CCS
Deputy Minister Aidarov briefed the media on these subjects on 26.12.2022, on the Central Communications Service (CCS) in Astana. He famous, that “regardless of the geopolitical scenario, the buyers keep a constructive pattern towards Kazakhstan”. Aidarov confused that the duty set by the Kazakh President, Kassym-Jomart Tokayev, is to be carried out. That means that within the subsequent 7 years no less than 150 billion U.S. {dollars} to be attracted from overseas.
Which international locations make investments probably the most in Kazakhstan? The International Affairs Deputy Minister defined that qualitative investments are extraordinarily necessary to the world’s 9th largest nation. “If we take 2005-2010, the construction of overseas investments was 70% within the oil and fuel trade. If we take the final three years, the extent of funding within the oil and fuel trade is simply 45%. Different sectors are rising – commerce, info, transportation, communications, and the prioritized manufacturing sector”.
As for the international locations that appeal to investments within the financial system of Kazakhstan, the highest ten international locations historically embrace the Netherlands, USA, Switzerland, Belgium, Russia, Singapore, China, South Korea, France, and the UK. 90% of the investments originated from 20 developed international locations. “All Kazakhstan’s 108 overseas establishments”, Aidarov concluded, “are pursuing a coverage of financial diplomacy. This yr we processed over 3,000 new overseas corporations”.
Sustainable Improvement Targets for 2023
In the meantime, a “Sustainable Improvement Targets for 2023” motion plan was authorized by Kazakhstan’s authorities on December 2021. Kazakh Prime Minister, Alikhan Smailov, held a gathering of the Coordinating Council on Sustainable Improvement Targets (SDGs) with the participation of presidency companies, the diplomatic corps, and U.N. representatives. The members reviewed the execution of the Head of State’s instruction to open a U.N. Regional Hub on SDGs for Central Asia and Afghanistan in Almaty, and in addition authorized the motion plan for the implementation of SDGs for 2023.
The Prime Minister confused that the implementation of the rules of the Sustainable Improvement Targets 2023 is aimed toward bettering the standard of lifetime of residents and adopting worldwide requirements in all spheres of the financial system. “As of right this moment, particular duties have already been recognized, which we have to constantly implement over the following yr,” Alikhan Smailov stated.
The Prime Minister additionally recalled that in July this yr, on the U.N. headquarters in New York, Kazakhstan efficiently introduced the second Voluntary Nationwide Survey on Sustainable Improvement by 2030. The doc was a complete evaluation of Kazakhstan’s progress over the previous three-year interval. Summing up the assembly, PM Alikhan Smailov instructed the related authorities companies and organizations to make sure well timed and correct implementation, of the motion plan on the Sustainable Improvement Targets for 2023.
PHOTO:
The Prime Minister of Kazakhstan Alikhan Smailov
