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National Company “KAZAKH INVEST” JSC

Access to new resource related to an important program in Kazakhstan added to PMWL

Resource provided by Yerbol Jangabulov

3 April 2019 – Almaty, Kazakhstan – Access to a new resource has been added to the PM World Library (PMWL) related to Public P/PM Resources. The new resource is titled: National Company “KAZAKH INVEST” JSC, by the “KAZAKH INVEST” NC.

In recent years, Kazakhstan’s economy has grown at a record pace and has outpaced other Central Asian countries, Russia and the European Union, marginally behind only China. The main goal of the strategy is to enter become one of the thirty most developed countries of the world by 2050. In the World Bank’s Ease of Doing Business ranking, Kazakhstan ranks 28th in the region (World Bank, Doing Business 2019). Also, according to the World Bank, the effectiveness of the institutions (the time required to start a business) in Kazakhstan has been reduced from 19 days in 2010  to 5 in 2017. Kazakhstan is a leader in attracting foreign direct investment. Gross foreign investment in 2017 amounted to 4% of GDP, which is ahead of such developed countries as Canada, Australia, UAE and China.

The government of Kazakhstan has taken steps to develop a Special Economic Zones (SEZs) following the example of Singapore and China, which serves as an inflow of foreign investment. Each SEZ is a part of the territory of the Republic of Kazakhstan, which has a special legal regime, with all the necessary infrastructure to carry out priority activities. At the moment, there are 12 SEZs in the Republic of Kazakhstan with different sectoral orientations.

NC KAZAKH INVEST JSC is authorized to implement state support measures in the area of ​​attracting investments to the economy of the Republic of Kazakhstan. It provides state support to investors in the form of investment preferences, and the issuance of various permits and approvals necessary for the implementation and further operation of investment projects. KAZAKH INVEST accompanies investment projects from idea to implementation, providing full information and analytical support, provides recommendations and preliminary consultations, provides full information about the sectors of interest, government support measures, identified interesting projects, and potential local partners.

To access this new resource, go to the Public P/PM Resources section of the library at, click on “Kazakhstan – Organizations, Programs, Projects and Resources”, scroll down to Government Initiatives. Must be a registered member and logged-in to access.

This new resource provided through the PMWL university research internship program; to learn more, click here