Government Approves Bill to Improve Investment Climate in Kazakhstan
OREANDA-NEWS. May 29, 2014. The Government has considered and approved the bill to improve the investment climate for submitting to the Parliament at the meeting.
It has been announced by Vice Minister of Economy and Budget Planning Marat Kussainov at a briefing in Central Communications Service.
"The bill provides for a review of mechanisms and conditions of investment contracts that are concluded with investors to expand investment preferences, as well as measures to improve the investment climate," he explained.
According to him, the bill will result in amendments to the Tax Code, the Law on Investment, natural monopolies, employment, migration.
"The adoption of the bill will improve the investment climate, provide conditions for attracting direct and foreign investment in priority sectors of our economy. Today, the bill will be submitted to the Majilis of the Parliament, he said.
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