Kazakhstan approves a new Concept of Investment Policy

At the regular meeting of the government, the draft Concept of Investment Policy of Kazakhstan until 2026 was considered and approved, El.kz reports with reference to the press service of the Prime Minister.

The government noted that based on the results of five months in 2022, Kazakhstan managed to achieve a pre-pandemic level of investment growth - the volume of investments in fixed assets increased by 2.5% and amounted to 4.1 trillion tenge. The leaders in attracting investments were Akmola region, Shymkent and Almaty. Outsiders - Turkestan and Karaganda regions.

The main goal of the new Concept is to bring the level of investment in fixed assets to 25.1% of GDP and increase the inflow of foreign direct investment to $ 25.5 billion in 2026.

To achieve this target indicator, the government proposed:

- to attract investments, taking into account the contribution of each industry to the development of the economy;

- to focus on attracting investment in the manufacturing sector.