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@pressmfakz · news · Kazakh · active

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The minister named energy, agro-industry, digitalization and artificial intelligence, and the water agenda among the priority areas of cooperation. He elaborated on legal guarantees for investors: an Investment Court based on English common law will be established in Alatau city, and a new Civil Code is planned for adoption by the end of 2027. The minister added that Kazakhstan’s missions abroad have received clear instructions to provide individual support for every significant investment project. Minister of Industry and Construction Y.Nagaspayev said that the “Nationwide Large-Scale Construction” program is intendedto give additional momentum to domestic industry and attract investment. According to him, under the course set by President Kassym-Jomart Tokayev, the share of manufacturing in GDP has reached 13% and surpassed that of the mining sector, and 647 projects have been implemented in the country since 2023. He named mechanical engineering, metallurgy, the chemical industry, and electrical engineering as the most promising areas, noting that investors are offered tax and customs preferences, land plots with infrastructure, and “One-stop shop” support. “Our goal is not simply to attract investment, but to build long-term industrial partnerships based on technology transfer, localization of production, deep processing of raw materials, workforce training, and the output of competitive products”, the minister said. @PressMFAKZ

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