KAZAKH INVEST Shared the Experience in Attracting Investment at the OECD Webinar

KAZAKH INVEST Shared the Experience in Attracting Investment at the OECD Webinar

The Organization for Economic Cooperation and Development (OECD) organized a webinar for the exchange of experience between International Investment Promotion Agencies as a part of the OECD Eurasia Competitiveness Programme.

The event was attended by the representatives of the Government of Central Asian countries, OECD as well as International Investment Promotion Agencies, including KAZAKH INVEST, Business France, Enterprise Georgia, TajInvest and Invest Turkey.

During the webinar, the policymakers from Eurasia and OECD countries discussed the policies to promote investment with a focus on the tools for targeting and approaching investors, institutional structures and strategies for promoting investment, and the facilitation methods of support during the investment journey in new realities.

The discussion was based on the OECD Peer Review Report that analyses Tajikistan’s investment promotion practices, using results from a government survey and interviews with investors, and offers recommendations and OECD good practices, including inputs from experts from Kazakhstan, Georgia, Turkey and France.

Thus, the representative of KAZAKH INVEST Diana Ablyakimova spoke about the measures of investment attraction in Kazakhstan and principle activities of the national company.


“In the new reality, KAZAKH INVEST aims to introduce innovative approaches in investment attraction, including through the exchange of experience with the world's leading investment attraction agencies. In accordance with the global best practices, on the one-stop shop principle, KAZAKH INVEST provides full support for the implementation of investment projects, provides consultations to foreign investors entering Kazakhstan's market, as well as assists in contacting state and local authorities," – said Diana Ablyakimova during the webinar.

Kazakhstan continues to be the largest recepient of FDI among Central Asian countries thanks to the country's natural investment advantages, including geostrategic location, transit and logistics potential, abundant resource base, international trade and investment agreements, as well as access to major global markets.

Notably, according to the UNCTAD’s World Investment Report 2021, Kazakhstan became the second largest recipient of FDI among transition economies (after Russia) and showed the largest increase in net FDI among 34 landlocked countries last year.

At the same time, during the webinar, Professor Aleksander Surdej, the Ambassador and Permanent Representative of Poland to the OECD and Chair of the OECD Eurasia Competitiveness Roundtable, noted that the Central Asian countries have great potential to attract large investors to the various sectors of economy and stressed the need to further strengthen regional cooperation.

The webinar fostered policy dialogue between the countries of Central Asia and the Eastern Partnership, and OECD members on medium and long-term policy priorities for investment attraction. As a result of the online meeting, the parties agreed to deepen the strategic partnership between the agencies and maintain the practice of the experience exchange to increase efficiency in the implementation of investment attraction strategies.

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