ASTANA, Kazakhstan, October 17. Ongoing reforms hold a crucial role in maintaining internal stability and driving economic growth in Kazakhstan, said President Kassym-Jomart Tokayev during a keynote address at the Astana Think Tank Forum, Trend reports.
"Kazakhstan has made substantial strides in the economic arena. We’ve successfully attracted $400 billion in foreign direct investment," he said. The president underscored the importance of these investments in fostering a robust economy and emphasized the country’s commitment to creating a favorable investment climate.
President Tokayev announced the launch of a new investment cycle with a strategic goal of attracting an additional $150 billion in investments by 2029. "We recognize how crucial it is to provide investors with comprehensive state support and to make timely decisions," he remarked, reinforcing the government’s dedication to facilitating economic growth.
To further streamline investment processes, the government has established an Investment Council endowed with broad authority to oversee strategic investment projects. "This council will play a pivotal role in ensuring that our investment landscape is both efficient and transparent," the president noted.