Tokayev holds 36th plenary meeting of Foreign Investors' Council
President Kassym-Jomart Tokayev addressing the 36th plenary meeting of the Foreign Investors' Council said that it has become the most important dialogue platform for discussing issues of improving the investment climate, El.kz news agency reports with reference to the press service of Akorda.
The Head of State stressed that our country entered the top 35 competitive countries in the world.
– We set a task to attract an additional $150 billion of foreign direct investment by 2029. In May of this year, I signed a decree that strengthened the basis for a significant liberalization of the national economy. We will continue consistent systemic steps aimed at improving the working conditions for investors in the country," the Head of State said.
Kassym-Jomart Tokayev stressed that Kazakhstan has a unique mineral resource base, and spoke about measures to improve the efficiency and transparency of processes in the field of geological exploration and mining.
According to him, Kazakhstan over the past 6 years has attracted private investment in geological exploration in the amount of more than $1 billion.
The recently adopted National Infrastructure Plan until 2029 opens broad opportunities for local producers. About 200 major infrastructure projects estimated at over $86 billion will be implemented. Industrial growth requires a highly skilled workforce. Therefore, I have declared 2025 the Year of Working Professions. We are looking for investors who are ready to improve the quality of technical and vocational education in Kazakhstan and develop the relevant infrastructure," the President said.
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