Kazakhstan can become 'launching ground' for investors: President

PARIS. October 27. KAZINFORM /Dimash Syzdykov/ Kazakhstan can become a 'launching ground' for investors ready to conduct business in the region. Kazakh President Nursultan Nazarbayev has made it public today at the Kazakh-French business forum in Paris.

As the Head of the State noted, our country created favorable conditions for production of goods oriented on export to China, Russia and Central Asia. Establishment of the Customs Union of Russia, Kazakhstan and Belarus opens 170 mln people market.

According to the President, Kazakhstan is stably developing despite the world financial crisis.

"We prevented the economic recession in 2009 - on the pick of the crisis. We have set new tasks and strive to open new development opportunities in tough conditions of the post-crisis period", N.Nazarbayev said. The President noted that upon the results of the first half of the year the GDP of the country increased by 8%.

The Head of the State briefed the audience on the Strategic Development Plan of Kazakhstan till 2020 and Forced Industrial-Innovative Development Plan of our country. "We strive to establish an alternative economy along with reach mineral resources", N.Nazarbayev noted.

In this regard, all necessary conditions were created for investors; exceptional preferences in form of grants, tax exemption on imported equipment, etc. were provided. "I call on French investors to take active part in our industrial program", the Head of the State said.