Kazakhstan invites France to actively participate in the industrialization

Kazakhstan's President also noted that next year the law "On new incentives for foreign investors" will come into force. The law includes the provision of investment subsidy of 30% of the capital costs, exemption from income and land taxes for 10 years. Over 9 months of 2014 bilateral trade turnover between Kazakhstan and France amounted to $4.7 billion. The main exports are oil, metals and chemical products. Kazakhstan, in turn, imported from France industrial equipment, medicines, cosmetics, cars, food products, aircraft and spacecraft. The gross inflow of direct investment from France to Kazakhstan's economy for the past nine years has reached $ 10.8 billion. The number of companies registered in Kazakhstan with the participation of the French capital amounted to 150.