07.02.2025
Kazakhstan’s
government and business community have established a dialogue, evidenced by
entrepreneurs’ involvement in specialized councils’ creation, as well as forums
and meetings organization. President Kassym-Jomart Tokayev also meets with
business leaders to foster collaborative decision-making and develop concrete
strategies to unlock economic potential. During a meeting with the Head of
State, entrepreneur Zhumabek Zhanykulov presented his proposals, which he
shared in an interview with Silk Way TV Channel. He highlighted that he sees
growth in leveraging practical business knowledge. His suggestions included
supporting small and medium enterprises (SMEs) and creating a strategy for
localizing goods. Zhanykulov stressed that import substitution should be
effective and justified, as high logistics costs may prompt businesses to establish
local production of similar products.
«Individuals or
companies that import certain goods know where to send them, in what form and
quality, and how much they can sell. And my idea, I repeat once again, is very
simple: any entrepreneur importing over one billion tenge worth of goods
annually should have the opportunity to produce them locally with state
support. The state should patronize this project as well. Without government
backing, it cannot succeed,» he said.
As the speaker noted,
attracting foreign investments is crucial for project implementation and plays
a key role in the development of the country’s economy.
«Businesspeople,
especially in the middle and senior segment, frequently travel, engaging with
people at conferences, exhibitions, and meetings worldwide. They share what is
happening in Kazakhstan, which is important as they need real cases and
business stories to show how to develop businesses in our country. Therefore,
business diplomacy should continuously evolve, promoting Kazakhstan more and
more,» Zhanykulov remarked.
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