At AEF-2019 will be presented new architecture to attract foreign direct investment
The work in this direction will be organized by a coordinating council on investment issues chaired by the Prime Minister. The Council will be authorized to provide special conditions for implementation of strategic investment projects.
The Astana International financial center will be determined as a one stop center for coordinating work for attracting investments and promoting the investments image of the Republic of Kazakhstan. In addition, Kazakh Invest JSC will be transferred to the trust management of the AIFC administration
At the first stage of promoting projects in the AIFC all potential investment projects will be collected, there will be created so-called project factory. At the second stage – processing and analysis of the projects based on Kazakh Invest with involving the AIFC’s experts and consultants, bringing projects to easily understood format for foreign investors. The next step is the promoting prepared drafts through the AIFC and Ministry of Foreign Affairs’ channels. The final step is the conclusion of contracts based on investment hub with using legal infrastructure of the AIFC.
During the month, the preparatory stage with the adoption of all necessary legal acts will be completed and transferred from Kazakh Invest to the AIFC.
New projects will be presented on May 16 as a part of the XII Astana Economic Forum in Nur-Sultan city.