EE Real Estate Forum & Project Awards event that gathers industry leaders and potential investors to discuss regions investment opportunities, real estate challenges and innovations.
Andrey Artyushenko, Artyushenko & Partners
Please give your opinion on the region’s investment attractiveness and name market segments particularly attractive to foreign investors these days.
The current tax environment in Kazakhstan is favorable enough. The government offers investment incentives in the form of return on capital investment (up to 30%) or customs duty exemption for imported equipment. The newly-launched Astana International Financial Centre (AIFC) enables parties to regulate their relationships under the common law. It includes the AIFC Court and the International Arbitration Centre, where English barristers and solicitors act as judges and arbiters. Attractive industries include renewable energy, infrastructure construction, extraction of minerals, and others.
How do international industry-specific events help to attract investment to the region?
We go to such events and tell about the benefits we can offer. We share real-life examples. We have KAZAKH INVEST National Company that focuses on attracting investment to Kazakhstan. There is a lot of useful information available on the company’s website.