BAKU, Azerbaijan, Apr. 15
By Nargiz Sadikhova - Trend:
A task force unit will be created in Kazakhstan to reform the investment management system and identify new approaches to attracting investment, Trend reports citing the Astana International Financial Centre (AIFC).
The Task Force will be created under KAZAKN INVEST National Company JSC and will closely interact with the AIFC bodies and their organizations.
Deputy Prime Minister - Minister of Foreign Affairs of the Republic of Kazakhstan Mukhtar Tleuberdi and the Governor of the AIFC Kairat Kelimbetov signed the joint order for the Task Force establishment.
The newly-set-up division will work on the country’s investment projects, will provide end-to-end support for projects from the development process, structuring to the investment project’s start.
The task force includes employees of KAZAKH INVEST and the AIFC, as well as representatives of central government bodies, local executive bodies and the quasi-public sector, and representatives of the embassies of Kazakhstan abroad.
The task force is already working on several projects in the field of agro-industrial complex and chemistry for a total amount of more than $2 billion.
The Astana International Financial Centre was created by the initiative of the First President of the Republic of Kazakhstan, Leader of the Nation, Nur-Sultan Nazarbayev as part of the “100 steps to implement five institutional reforms” national program.
The mission of the AIFC is in assisting the sustainable and long term development of the region. The strategic directions for the sustainable development of the AIFC include the development of a circular economy, financial technologies, and “digital financial centre”.
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