Transcript Embassy of the Republic of Kazakhstan

Embassy of the Republic of
Kazakhstan
логотип
Prague 01.02.2010
Kazakhstan Profile
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Capital city - Astana
Surface Area- 2.7 mln. sq. km
135,0
140
Population – 15.7 mln
120
105,0
100
80,4
80
57,1
60
30,8
40
GDP: 135 bln. USD
20
0
18,3
2000
2003
2005
2006
2007
2008
2
Kazakhstan Profile
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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
Natural Resources
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International rating agencies comparison
(Doing business & Global competitive Index)
Economy
Global
competitiveness
Index ranking
Economy
Ease of doing
business
Singapore
1
USA
1
Finland
14
Finland
6
Georgia
15
Korea
13
Korea
23
Austria
15
Austria
27
China
30
UAE
46
UAE
31
Mongolia
58
Czech Republic
33
Kazakhstan
63
Russia
51
Czech Republic
75
Kazakhstan
66
China
83
Ukraine
72
Russia
120
Georgia
90
Ukraine
145
Kyrgyzstan
122
Overview of FDI flow to Kazakhstan
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Italy;
4,5%
Great Britain;
8,8%
Netherlands;
17,0%
France;
5,1%
Other;
4,7%
USA;
20,2%
Main investors by gross inflow
of FDI in 1993 – 1 half 2009
Gross inflow of FDI to Kazakhstan
97,6 bln. USD
State guarantee of investment
Law “On Investments”
level
Subnational
National level
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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
42 agreements on mutual protection and encouragement of
investment
Investment preferences
New tax code
Law On Investment
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Custom duty
exemption
It can be granted to investor when he imports
some equipments or their parts to implement the
investment project
State grants in
kind
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.
Corporate income
tax preferences
Tax on property
VAT
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
Do not applicable for equipment
Reduced from 13% to 12%
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Accelerated Industrial and Innovation
Development of Kazakhstan 2010-2014
9
Key Sectors of Accelerated Industrial and
Innovation Development of Kazakhstan
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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.
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Kazakhstan-bridge between Europe
and Asia
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Kazakhstan:
12% - Europe
78% - Asia
Project “Western China-Western
Europe”
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The Project profile
Length – 8445 km.
Cost – 5,5 bln. USD
Financial support
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IBRD – 2,125 mln. USD
EBRD – 180 mln. USD
ADB – 700 mln. USD
IDB – 414 mln. USD
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CUSTOMS UNION: 1 JANUARY 2010
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«Belarus, Kazakhstan and Russia Customs Union»
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Russia
Kazakhstan
Belarus
15
«Belarus, Kazakhstan and Russia Customs Union:
advantages for the potential investors»
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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
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Cooperation with investors
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Data base
Cooperation with investors
Investors Data base
Project Data base
Registration of
investment
projects
Investors
registrations
Investors
capabilities
Investors
Institutional
Strategic
Portfolio
Investment
strategies
MIT
(connecting
link)
Committee for
investments
Programs
Investors
requirements
Info on Projects
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KAZNEX
Financing required
Strategy, goals,
project participants
Development
Integral effect of
project
Project
configuration
Info on Investments
Responsi
ble
business
Thank you for your
attention!
Embassy
of the Republic of Kazakhstan
Tel.: +420233375642
Fax: +420233371019
e-mail: [email protected]