Kazakhstan exports more than 960 types of goods to 117 countries. This was announced by the Kazakh Minister of Investment and Development Zhenis Kassymbek. According to him, the investment climate is improving in the country in accordance with the OECD standards. As a result, there is an increase in exports of electrical engineering, metal, rubber and plastic products, building materials and other products, the minister said. This year, the Ministry of Investment and Development also intends to intensify efforts to support domestic producers, exporting their goods to the markets of Russia, China, Iran, Turkey and the European Union, through organization of trade missions, financing of export transactions and reimbursement.

ZHENIS KASSYMBEK, KAZAKH MINISTER OF INVESTMENT AND DEVELOPMENT:

In the first 9 months of 2016 the gross inflow of direct foreign investments increased by 27.3%, amounting to 14.5 billion dollars. There is a positive investment trend in the economy.

Kazakhstan will son develop its National Strategy to attract investment. It will identify priority sectors and niches for foreign businessmen, as well as systemic measures to improve the investment climate. The World Bank experts will be attracted to this type of work. A list of prospective projects will be formed before the end of March, specifying financing needs in various sectors and regions of the country.

ZHENIS KASSYMBEK, KAZAKH MINISTER OF INVESTMENT AND DEVELOPMENT:

We will intensify the work on the implementation of joint projects. In particular, with Russia we are looking at 18 projects. There are other promising projects with Iran, France, Japan, South Korea, Poland, and China. Overall, we have about 300 of these proposals and projects.

Meanwhile, the agency intends to attract multinational companies. To do this, a national company "Kazakh invest" will be created in the country. Its representatives will hold talks with major investors on behalf of the government.