ASTANA, Kazakhstan, September 29. Kazakhstan's new National Digital Investment Platform (NDIP) is set to go live by the end of the year, said Madiyar Sultanbek, Deputy Chairman of the Kazakh Invest Board, Trend reports.
According to the deputy chairman, the platform is being developed to streamline the management, monitoring, and tracking of numerous investment projects across the country.
"The Ministry of Foreign Affairs, the Investment Committee, and Kazakh Invest are all working together on this platform. Right now, it’s in a pilot phase, but we’re aiming for full-scale deployment by year-end," Sultanbek explained in an interview with local media.
He highlighted that over 750 projects, mostly in the manufacturing sector and other areas outside the raw materials industry, are already being monitored through the platform.
"What’s great about the NDIP is that it brings together all the key stakeholders involved in a project, usually two or three government bodies. For example, the local authorities overseeing the land where the project is being built, the relevant government agencies depending on the sector - whether it’s tourism, transport, logistics, or agriculture - and other agencies like the Ministry of Agriculture for land allocation or the Ministry of Industry if the project is in a special economic or industrial zone," Sultanbek said.
The official also noted that the NDIP will improve communication between different government bodies throughout various stages of project implementation.
"We expect the NDIP to be fully operational next year, once it’s fully launched. It will significantly simplify the management and monitoring of projects, as well as help resolve any operational issues in real-time. Investors will also have access to the platform through a personal account," Sultanbek concluded.