Kazakhstan creates special conditions for investors

Kazakhstan creates special conditions for investors

A green corridor for investors will be introduced in Kazakhstan. A special digital platform will streamline procedures, including interactions with executive authorities. Nevertheless, it will be available only to investment projects that meet specific selection criteria currently being developed. Enhancing the Investment Agreement mechanism also facilitates more efficient investors operations in Kazakhstan. For example, within its framework, application processing time will be reduced fourfold, from 12 to three months. These and other issues related to attracting investment into the country's economy were discussed during the Investment Attraction Council meeting. According to experts, promising sectors include energy utilization of municipal solid waste (MSW), and the road sector. The Karagandy region serves as an example of successful investor attraction activities, having developed a pool of 50 investment projects, with the creation of over 12,000 jobs.