Karim Massimov: Foreign investments attraction - one of key factors of Kazakhstan's further economic development
ASTANA. June 4. KAZINFORM /Rassul Bakhamov/ The issue of foreign investments attraction is one of the key issues of further economic development of Kazakhstan. Kazakh Prime Minister Karim Massimov has announced at the IV Kazakhstan Investment Summit.
He noted that gaining independence, Kazakhstan set a course for the market economy and foreign investments attraction. And it was right. Today the issue of advanced technologies attraction is also on the agenda.
As the Prime Minister noted, it is important to create favorable investment conditions in traditional base material sectors as well as new technologies attraction and increase in labor productivity in the non-oil and gas sectors.
K.Massimov said that the world financial crisis made some adjustments to the global economy. In the infancy of the independence Kazakhstan was oriented to investments from G7 countries. And now the country's orientation to G20 countries became more important because G7 countries are focused on internal problems.