ASTANA, Kazakhstan, May 16. Prime Minister of Kazakhstan Olzhas Bektenov and international experts, led by the World Bank Director for Central Asia Najy Benhassine, discussed the implementation of a new investment cycle, Trend reports via the press service of the Kazakh government.
During the meeting, the sides exchanged views on strategic issues – the transition to a high-income economy, improving productivity and economic efficiency, infrastructure development, digitalization and artificial intelligence, and modern financing instruments.
These areas are directly linked to the task of forming a more competitive and technology-driven model of economic growth. In turn, ongoing reforms across various sectors complement efforts to increase investment.
Bektenov noted that Kazakhstan is prioritizing the acceleration of economic diversification and further improvement of the investment climate. With the adoption of the new Constitution, Kazakhstan is entering a new stage of its development. Investment policy and the attraction of investment are among the key factors of sustainable economic growth, infrastructure modernization, technological renewal, and productivity enhancement.
The Prime Minister informed World Bank representatives about the ecosystem created to attract investment to Kazakhstan. Among the new measures is the introduction of the “Golden Visa” regime to create favorable conditions for investors and highly qualified specialists, as well as strengthening the role of the Coordination Council for the effective promotion of joint initiatives.
In turn, Najy Benhassine positively assessed the efforts to improve and modernize economic processes in Kazakhstan. According to him, the country maintains stable investment attractiveness. At the same time, the transition to a high-income economy requires a transformation of the growth model and improved investment efficiency. A key task in this process is increasing productivity.
