|The Prime Minister of Kazakhstan Karim Massimov delivers a speech at the VII Astana Economic Forum on May 21. (People's Daily Online/ Yao Chun)|
ASTANA, March 22 (People's Daily Online) -- Every nation has its dream. Kazakhstan embodies its dream in a very ambitious plan – the 2050 Strategy, which vows to position Kazakhstan among the top 30 global economies by 2050. In order to realize this dream Kazakhstan opens arms to foreign investment, according to Karim Massimov, the Prime Minister of Kazakhstan.
The 2050 Strategy proposed by President Nursultan Nazarbayev two years ago vows to accelerate the course of Kazakhstan's modernization and it aims to turn Kazakhstan into a fully industrialized nation. "We know that we cannot reach our goals alone. And that's essential for us to remain open to new ideas and investment," said Massimov at the VII Astana Economic Forum on May 21.
"Already we have make progress in this regard, our efforts to provide attractive investment environment have been recognized by the World Bank, which ranks us as top 50 countries in its annual doing business report. In the most recent competitiveness index of World Economic Forum we are ranked in the top ten for investment protection," said Massimov.
In spite of these achievements in attracting investments, Kazakhstan also remains restless to do more and it develops a new and comprehensive set of measures that are aimed at improving the investment climate and reducing the administrative burden on business. "These measures will enhance new investment grounds and lead to the simplification of the visa regime for foreign investors and labors," said Massimov.
"Taking together these measures are positive statements for our intentions. They will provide a more predictable and smoother atmosphere for those who choose to invest here," he concluded.