ID :
190666
Thu, 06/23/2011 - 13:00
Auther :

Kazakhstan gets bulk of foreign investments made in Central Asia.

ASTANA, June 23 (Itar-Tass) - By the scope of attracted foreign
investment, Kazakhstan holds leading positions in the Commonwealth of
Independent States (CIS). According to Yerbol Orynbayev, Vice-Premier of
the Republic of Kazakhstan, since the gaining of independence in 1991,
Kazakhstan has attracted more than $126 billion in foreign investments.
"Kazakhstan accounts for over 85 percent of all foreign investments made
in Central Asia," Orynbayev told an economic policy forum that has been
organized by the American Chamber of Commerce.
Orynbayev also emphasized that Kazakhstan ranks first among CIS
countries "by the scope of per capita foreign investments", outrunning
Russia by this indicator twice as much.
The Kazakhstani Vice-Premier believes that an active attraction of
foreign investments is for the republic "a reliable foundation for
sustainable economic development in the long term".

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