30 big projects with foreign share to be put in operation until year end - Smailov

Astana. July 23. KazTAG - Until the end of the year the Ministry of Foreign Affairs plans to put in operation 30 big projects with foreign share, said Alikhan Smailov, First Vice Prime Minister of Kazakhstan - Minister of Finance.
"Together with creation of 45 000 work places we are monitoring 185 big projects with foreign share worth $60 bn. Until the end of the year we plan to assist introduction of 30 projects," he said.
In his words, in order to monitor performance of new agenda a new project office has been established under the example of Great Britain, Malaysia, the UAE. 14 work groups have been formed. Front offices for investors servicing have been established in the regions.
The Foreign Ministry plans to create a system for investments attraction "embassy-center-region".
"The Ministry of National Economy and the Foreign Ministry have developed a bill for improvement of investment climate which includes introduction of stability of legislation, decriminalization of tax and liberalization of migration legislation, hedging of currency risks," he said.
Investment arrangements will be held in Japan, Germany, Korea, the US, France, Great Britain in the second half of the year.

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