Today in Ukimet Uyi, Prime Minister Bakytzhan Sagintayev chaired a meeting of the Board of Directors of JSC “National Company “Kazakh Invest”.

The participants of the meeting reviewed Kazakh Invest's work plan for 2018, as well as discussed issues of streamlining the company's efforts to attract investors within the framework of the National Investment Strategy Program.

Priority will be given to the implementation of agreements reached following the visits of the Head of State to countries such as the United States, the United Arab Emirates, Japan, South Korea, China, Turkey and others.

To this end, Kazakh Invest is strengthening the Company's presence in five priority countries: the US, China, Germany, France and Turkey, where they are involving prominent businessmen with years of experience in attracting foreign investment and close ties with the business community of the host countries.

At the same time, to further improve the investment climate in Kazakhstan, a system has been built to monitor the degree of satisfaction with the country's investment climate and develop proposals for its improvement.

In addition, the meeting participants discussed a number of organizational issues. It was decided to optimize the structure of the company – the number of management personnel was reduced more than twice, the number of departments was halved, the total number of the staff of NC Kazakh Invest was reduced by 10%.

For reference: National Company Kazakh Invest was established on the instruction of the Head of State on the basis of the National Agency for Export and Investment “Kaznex Invest”. In accordance with its mission, Kazakh Invest is designed to act as a single negotiator with target transnational companies and large investors on behalf of the Government of the Republic of Kazakhstan.

Published: 15 February 2018


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