EBRD President Thomas Mirow spots an obstacle for Kazakhstan’s economy development

European Bank for Reconstruction and Development (EBRD) President Thomas Mirow has spotted an obstacle for Kazakhstan’s further economy development. When speaking today, May 18, at the 24th plenary session of the Foreign Investors’ Council (FIC), Thomas Mirow said that one of the obstacles Kazakhstan should remove to secure its further economic growth is lack of qualified labor force. “Introduction of advanced technology and modernization of fixed assets – that have been injected substantial investments – call for labor force featuring respective skills and expertise. Lack of highly qualified personnel is one of the major obstacles for Kazakhstan’s further economic development; Kazakhstan’s entrepreneurs and investors have been pointing to this problem”, he said. The 24th plenary session of the Foreign Investors’ Council (FIC) has been opened today at Nazarbayev University in Astana. The session focused on modernization of Kazakhstan’s enterprises was opened by President Nazarbayev. The FIC is an advisory body established to promote direct dialogue between the Government of Kazakhstan and foreign investors to efficiently address issues related to investment activities and to improve the business climate of Kazakhstan. FIC comprises 29 foreign companies and international organizations. Almaty hosted the 23th sitting on qualified labor resources in 2010.