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Логотип Embassy of the Republic of Kazakhstan Prague 01.02.2010.

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Presentation on theme: "Логотип Embassy of the Republic of Kazakhstan Prague 01.02.2010."— Presentation transcript:

1 логотип Embassy of the Republic of Kazakhstan Prague 01.02.2010

2 логотип 2 Kazakhstan Profile Capital city - Astana Surface Area- 2.7 mln. sq. km Population – 15.7 mln GDP: 135 bln. USD

3 логотип Kazakhstan Profile Key Economy Information Industry Production: 84 bln. USD Trade turnover: 109 bln. USD (2008) Export (FOB): 71.2 bln. USD Import (FOB): 37.9 bln. USD Resources: natural gas, oil, coal, iron ore, manganese, chrome, ore, nickel, cobalt, copper, molybdenum, lead, zinc, bauxite, gold, uranium

4 логотип Natural Resources

5 EconomyGlobal competitiveness Index ranking USA1 Finland6 Korea13 Austria15 China30 UAE31 Czech Republic33 Russia51 Kazakhstan66 Ukraine72 Georgia90 Kyrgyzstan122 EconomyEase of doing business Singapore1 Finland14 Georgia15 Korea23 Austria27 UAE46 Mongolia58 Kazakhstan 63 Czech Republic 75 China83 Russia120 Ukraine145 International rating agencies comparison (Doing business & Global competitive Index)

6 логотип Overview of FDI flow to Kazakhstan Gross inflow of FDI to Kazakhstan 97,6 bln. USD Main investors by gross inflow of FDI in 1993 – 1 half 2009

7 Law “On Investments”  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 National level State guarantee of investment 42 agreements on mutual protection and encouragement of investment Subnational level

8 логотип Custom duty exemption State grants in kind It can be granted to investor when he imports some equipments or their parts to implement the investment project It can be as a land part, building, construction, machines and equipments and so on. Maximum volume of state grants in kind should not exceed more than 30% of investments in fixed assets. Investment preferences Corporate income tax preferences Reduced from 30% to 20% and is going to be reduced by 15% in 2011. Sum of investments in fixed assets is deducted from taxation income Tax on property VAT Do not applicable for equipment Reduced from 13% to 12% Law On Investment New tax code

9 логотип 9 Accelerated Industrial and Innovation Development of Kazakhstan 2010-2014

10 логотип Key Sectors of Accelerated Industrial and Innovation Development of Kazakhstan 1.Agricultural Sector and Agriculture Processing; 2.Construction Industry and Production of Construction Materials; 3.Oil Processing; 4.Metallurgy; 5.Chemistry, Pharmaceutical and Defence Industries; 6.Energy; 7.Transport and Telecommunication Infrastructure. 10

11 логотип Kazakhstan-bridge between Europe and Asia Kazakhstan: 12% - Europe 78% - Asia

12 логотип Project “Western China-Western Europe” The Project profile Length – 8445 km. Cost – 5,5 bln. USD

13 логотип Financial support IBRD – 2,125 mln. USD EBRD – 180 mln. USD ADB – 700 mln. USD IDB – 414 mln. USD

14 логотип 14 CUSTOMS UNION: 1 JANUARY 2010

15 логотип «Belarus, Kazakhstan and Russia Customs Union» 15 Russia Kazakhstan Belarus

16 логотип SIMILAR TRADE RULES 1. Single custom’s territory; 2. Single trade policy; 3. Harmonized custom’s legislation; 4. Simplified procedures for exporting goods to the territory of other member countries of the CU; INCENTIVES FOR THE INVESTORS Exemption from import customs duties on import of non-produced equipment and raw materials in the implementation of investment projects 16 «Belarus, Kazakhstan and Russia Customs Union: advantages for the potential investors»

17 логотип Cooperation with investors 17

18 логотип Data base Cooperation with investors Investors Institutional Strategic Portfolio Responsi ble business Investors capabilities Financing required Investment strategies Strategy, goals, project participants Investors requirements Programs Development Integral effect of project Development Integral effect of project Investors registrations Registration of investment projects Project configuration MIT (connecting link) Committee for investments KAZNEX Info on Investments Info on Projects Investors Data baseProject Data base

19 Thank you for your attention! Embassy of the Republic of Kazakhstan Tel.: +420233375642 Fax: +420233371019 e-mail: kzembas@gmail.com


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