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Investment opportunities of Kazakhstan. September 2008. Kazakhstan – Korea cooperation. TRADE TURNOVER. 843,3 mln. USD. 625.9 mln . USD machines equipment: electrical, optical and other plastic articles, rubbers non-precious metals and metal articles. Import from Korea to Kazakhstan.
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Investment opportunities of Kazakhstan September 2008
Kazakhstan – Korea cooperation TRADE TURNOVER 843,3 mln. USD • 625.9 mln. USD • machines • equipment: electrical, optical and other • plastic articles, rubbers • non-precious metals and metal articles Import from Korea to Kazakhstan • 217,4 mln. USD • precious stones and metals • non-precious metals and metal products • chemicals Export from Korea to Kazakhstan Export from Kazakhstanto Korea 2
Key Economy Information, 2007 GDP: 105 bln. USD GDP growth: 8.5% GDP per capita: 6800 USD Trade turnover: 80.5 bln. USD Trade turnover growth: 30% Export (FOB): 47.8 bln. USD Import (FOB): 32.7 bln. USD
Gross inflow of FDIto Kazakhstan, mln. USD Total (1993 – 3 months 2008): 72.3 bln. USD
Foreign Investors Council chaired by the President of the Republic of Kazakhstan
Law On Investments of the Republic of Kazakhstan State guarantee of investment • Guarantees for the legal protection of investors’ activity on the territory of the Republic of Kazakhstan • Guarantees for the use of income • Transparency of the government institutions’ activity • Guarantees while government bodies’ controls • Guarantees in case of nationalization and requisition • Contracts stability guarantees • Disputes settlement order • Measuresof government support for investments
Industrial and Innovational Development Strategy for 2003 - 2015 • Maintenance of mid-annual growth in processing industry on 8,4%, growth of labor productivity not less than in 3 times and decrease of energy consumption of GDP – in 2 times • Stimulation of creation of high technology and hi-tech export oriented manufactures • Diversification of country’s export potential for the benefit of goods and services with high added cost • Transition to the world standards of quality
Sustainable Development Fund “Kazyna” Kazyna Capital Management Development Bank of Kazakhstan Investment Fundof Kazakhstan National Innovation Fund Entrepreneurship Development Fund Investment Promotion Agency “Kazinvest” State Insurance Corporation Corporation for Export Development and Promotion
Socially-enterprise corporations Petropavlovsk Kostanay Pavlodar Uralsk Semey Astanа Kokchetav Aktobe Ust-Kamenogorsk Karaganda Atyrau Taldykorgan Kyzylorda Aktau Almaty Taraz Shymkent Caspian SEC TobolSEC Zhetysu SEC Irtysh SEC Batys SEC Saryarka SEC Ontustyk SEC
Special economic zones Burabay Tourizm cluster Burabay Astana – New City Petrochemical park Atyrau Marine port Aktau IT-Park Ontustyk Company established in Special economic zone is exempted from paying corporate, land and property taxes and value-added tax
Priority Industries Food processing industry Technologies – nuclear materials Constructionmaterials Textile Biotechnologies Automotive industry IT Supporting industries for mining industry Agriculture Supporting industries for oil and gas sector Metallurgy Construction Industry machinery Petrochemical industry Wood processing – Furniture Chemical industry Electricity, water Hotel services Leather industry Transportation services Tourism
Competitive advantages of Kazakhstan Investment favorable environment • Political & social stability • State support and guarantee of investments 1. Naturalresources 2. • Large mineral & renewable reserves • Hub Europe <-> Asia • Large & fast growing neighbor markets (up to 500 mln. consumers) 3. Markets