Nazarbayev offers foreign investors to expand presence in Kazakhstan
ALMATY. June 3. KAZINFORM After the final decision on restructuring of BTA Bank debt the country's banking system fully recovered from the crisis. We are grateful to our creditors and ready to continue joint work. Kazakh President Nursultan Nazarbayev has said while opening the IV Kazakhstan Investment Summit in Almaty today.
"Upon the results of the last year, despite the crisis Kazakhstan ensured stability and growth of all macroeconomic indices. We have kept the dynamics of economic growth. Over 4 months of the current year the growth of GDP has exceeded 7%", the Head of the State noted.
"USD 108 billion of investments was attracted to our economy over the years of independence. This is 80% of all foreign investments to the Central Asian region. 20,000 enterprises involving foreign capital including more than 7,000 in non-primary sector operate in our country. Among them are such world's giants as General Electrics, Chevron, Samsung, etc. Their successful work is an evidence of long-term, sustainable development of Kazakhstan", N. Nazarbayev emphasized.
"We offer foreign investors to expand their presence in our country through participation in the projects of the Industrial Innovative Development Program. We will encourage investors who will not just invest in building new facilities, but also bring to our economy new technologies, train Kazakh specialists", the President stressed.