When speaking at the 24th plenary session of the Foreign Investors’ Council (FIC) opened today at Nazarbayev University in Astana, President Nazarbayev called investors to contribute to the modernization efforts.
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.
For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.
II Investments Forum has opened today in Astana alongside the IV Economic Forum. When opening the Forum, Kazakhstan’s Prime Minister Karim Massimov told about further development of Astana.
According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.
