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76% say investments into Kazakhstan sucessful: Ernst & Young

25 april 2011, 10:23
0
Recently Ernst & Young, one of the Big Four auditors, published a survey of investors’ opinions on Kazkahstan, wrote Kazkahstan’s PM Karim Massimov in his Twitter.

According to Ernst & Young, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.

The number of investors believing that the investment climate in Kazkahstan has enhanced for the past 3 years is twice higher than the number of investors that find the investment climate detiorating.

According to 32% of the respondents, Kazakhstan is one of 3 most attractive CIS (post soviet) countries in terms of investments.

Among the barriers to business, the respondents named lack of infrastructure (19%), complicated administrative procedures (16%), political factors (8%) and corruption (7%).

Full Ernst & Young’s report (in Russian) can be found here at Ernst & Young website. Ernst & Young website.

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