Kazakhstan to launch national digital investment platform

Kazakhstan to launch national digital investment platform

This year, Kazakhstan is set to launch a national digital investment platform. The unique information system will be beneficial not only to investors but also to entrepreneurs as well as representatives of government agencies and financial institutions. Investors can use it to review the support measures offered in the country and government services. The digital project primarily aims to ensure transparency in processes, thereby increasing Kazakhstan’s investment attractiveness. President Kassym-Jomart Tokayev has instructed to expedite the launch of the platform entrusted to the Ministry of Digital Development, Innovations and Aerospace Industry, and the Foreign Ministry. According to the latter, the system is currently operating in pilot mode and includes three main working principles.

“The platform includes online monitoring of all stages of investment project implementation, automation of investment application submission by sectoral government bodies and local authorities, as well as automation of investment project submission by investors. The system enables investors to receive a range of state services online without the involvement of government agencies,” said Kazakh Deputy Foreign Minister Nazira Nurbayeva.