Kaznex Invest to compensate transportation expenses of exporters

ASTANA. July 30. KAZINFORM About 30% of expenses of the domestic exporters will be compensated by the state within "Exporter - 2020" Program, Deputy Chairman of the Board of "Kaznex Invest" National Agency for Export and Investments Meiyerzhan Maikenov said in his interview for PM.kz site. 

"We presently work on a mechanism of compensation of transport expenses of exporters, about 30% will be compensated by the state within the framework of "Exporter - 2020" Program," the Deputy CEO said. 

M.Meikenov said that this mechanism was decided to be developed following an analysis of activities of exporter enterprises which showed that economically viable attractiveness of goods depended on price formation including expenses for transportation services.

"Kazakhstani exporters face the problem of high transportation costs very often now. We analyzed this situation and discovered that Kazakhstani goods are not always competitive at the foreign markets due to pricing which is formed on the basis of transportation costs," M.Maikenov said. 

Presently, 9 types of compensation of exporters' expenses including registration of goods/trademarks and certification of products, advertising of domestic products, training of staff of enterprises, etc. are available. About 50% of such expenses are compensated. 

"Compensation of transportation expenses of domestic exporter will allow to increase export by 30-50% and give an impetus to export-oriented enterprises of Kazakhstan," Meiyerzhan Maikenov resumed.


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