International News

30.10.2019

Kyrgyzstan and Georgia businesses to be allowed to participate in state projects of Kazakhstan

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The entrepreneurs of Kazakhstan will have similar opportunities in these countries too, Kursiv.kz reports.

Nur-Sultan hosted the signing ceremony of the Memorandum on Cooperation between the heads of PPP centers of Kyrgyzstan, Uzbekistan, Georgia, and Kazakhstan.

The first public-private partnership (PPP) investment forum was launched in the capital. The event was organized by the Ministry of National Economy of the Republic of Kazakhstan and Kazakhstan PPP Center JSC to discuss topical issues of PPP development and investment in the projects of Kazakhstan.

 Ruslan Dalenov, Minister of National Economy of the Republic of Kazakhstan, took part in the opening of the forum. He stressed the importance of PPP development for economic growth.

"PPPs are investments, and investments entail GDP growth. Thus, we can say that PPP is an effective, innovative and progressive tool of economic growth," Dalenov said.

The Forum included a signing ceremony of the Memorandum on Cooperation between the heads of PPP centers of Kyrgyzstan, Uzbekistan, Georgia, and Kazakhstan.

The new document will allow Kazakhstani businessmen to participate in social and state projects of these countries. Similar opportunities are opening up for entrepreneurs from neighboring countries. The state bodies, in their turn, will be able to exchange experience and continue cooperation to improve legislation and expand the list of PPP instruments.

Anastasia Markova

Read more: https://kursiv.kz/news/finansy/2019-10/biznes-kyrgyzstana-i-gruzii-dopustyat-v-kazakhstanskie-gosproekty

«...Domestic business, the so-called national bourgeoisie, should be supported in every possible way, and those who prevent its development by unreasonable inspections, extortions, raids should be strictly punished...»

Statement from the President of Kazakhstan Kassym-Jomart Tokayev at an enlarged meeting of the Government on 15 July 2019

Zhursunov R.M.

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