Invest in KAZAKHSTAN
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STABLE AND FAST-GROWING MACROECONOMIC INDICATORS • GDP growth 7% (IMF 2011) • One of the lowest external debt to GDP ratios in the world : 11.4% (WEF 2012) • Budget balance: 1.5% (WEF 2012) • Infl ation: 7.4% (2011 NBK) • Rating in the most rating agencies went from stable to positive. Access to the Market of Almost 3 Billion Potential Customers • 3 out of 4 BRICK countries are located at a distance of within a range of a 4-hours fl ight • Customs Union with Russia and Belarus with a market of 170 mln people and total GDP of 2 trln USD • Major transcontinental routes linking Asia-Pacifi c region with the Near and Middle East and Europe pass through Kazakhstan • Open economy (Trade 70% of GDP) • Great number of trade agreements signed. The Customs Union in RK has one of the most favored business environments. (According to the World Bank's Doing Business 2013 rating, Russian Federation and Belarus are on 112th and 58th places respectively whereas Kazakhstan ranks on 49th place). INFRASTRUCTURE Western Europe – Western China International Transit Corridor Extent in Kazakhstan – 2,787 km Extent of reconstruction segments in Kazakhstan – 2,309 km Total cost – $2.3 bln Commencement of work – 2007, Completion of work – 2012. Along the "Western Europe - Western China" corridor, from port Lianyungang up to the borders with the European Union, travel time is about 10 days. • while using the sea corridor (Suez canal), travel time is about 45 days, • along the "Trans-Siberian" corridor - 14 days. PROTECTION OF INVESTORS How Does Government Protects Investors? 1) Guarantee the protection of rights of investors within the scope of legislation code of Republic of Kazakhstan on Investments. • Guarantee protection of rights • Guarantee use of income • Guarantee rights of investors during nationalization and requisition. 2) Agreement on incentives and mutual protection of investments. • 45 bilateral and 1 multilateral agreement were signed on incentives and mutual protection of investments 3) Foreign investors Council consultative-advisory body • Direct dialogue with investors • Solution to issues, associated with investment activities • Formulates recommendations for implementing investment activity in Kazakhstan. OIL AND GAS SECTOR Raw material base Kazakhstan ranks 11th in the world for oil reserves and 17th for gas reserves. In 2011, production of oil and gas condensate in the country amounted to 80 mln tons and gas production was 39.3 bln cubic meters (bcm). The average daily production volume of oil and gas condensate is over 200 thousand tons. Natural and associated gases obtained from the Tengiz and Caspian Sea fi elds, which have an ethane content of 13 - 16% and above, are economically and technologically suited for the production of ethylene – a basic petrochemical product. For more information visit https://www.invest.gov.kz/
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