In Kazakhstan, a new information system for comprehensive support of investment projects was presented at a meeting of the Investment Attraction Council, the press service of the Prime Minister's Office of Kazakhstan announced.
"It is expected to be equally useful for all parties: entrepreneurs, representatives of government agencies, financial institutions, and quasi-governmental sectors," the government stated.
The creators of the system believe that the functionality of the digital platform will enable the complete coverage of all processes, including state services available to investors in Kazakhstan, which is crucial since "digitizing government services in investment attraction is one of the priority and relevant tasks of the government."
It is anticipated that the National Investment Platform will not only streamline many processes but also ensure their transparency, significantly increasing Kazakhstan's investment attractiveness.
Meanwhile, according to the annual FDI Standouts Watchlist study, Kazakhstan ranked sixth in terms of macroeconomic development and attracting foreign direct investment in 2023. The leader of the list, Cambodia, is expected to maintain its pace in achieving the highest investment indicators in 2024.
The FDI Standouts Watchlist study evaluates the dynamics of macroeconomic development and foreign direct investment in the 50 largest directions of foreign direct investment (FDI) using IMF and FDI Markets data. The countries that enter the new year with strong macroeconomic indicators and FDI indicators, taking into account the recovery of countries after the pandemic, are highlighted.
CentralasianLIGHT.org
January 11, 2024