Proposals to strengthen the work of the Government's investment unit were considered at a meeting of the Economic Policy Council, chaired by Prime Minister Alikhan Smailov, DKNews.kz reports.
The participants discussed measures to accelerate the process of consideration of investment disputes, strengthen the legal protection of investors and eliminate the causes for non-performance of contractual obligations by state agencies.
Proposals to stimulate regional investments, simplify tax and customs administration, expand access of businesses to financing were also considered.
In addition, the meeting made recommendations to remove barriers to investors in obtaining technical conditions and land plots for projects. In particular, this concerns digitising the process of issuing permits through automation and the application of a risk management system, as well as increasing the responsibility of appraisal companies.
Following the discussion, the Council has been instructed to finalise a new package of measures to strengthen the Government's investment block for further implementation.
