Investment potential of the Kyzylorda region

Kyzylorda region - a land that takes its history from the depths of centuries, rich in ancient legends and traditions. The Land of Syr is the heart of the Turkic world, keeping in itself the traditions of distant antiquity, the eternal indelible memory of the heritage of ancestors. Here is where we bring bold ideas to life, therefore exactly from our Baikonur cosmodrome, humanity first stepped into space. This is the land experiencing a new level of development today.

Today, Kyzylorda is one of the regions with a dynamically developing economy, industry and agriculture, science and culture.

Kyzylorda it is a wide field for investment with dozens of industrial enterprises.

Investment attraction system

In the Kyzylorda region over the past 3 years there has been apositive trend in attracting investments (2017 – 243,1 billion tenge growth by 7,2%, 2018 – 325,5 billion tenge growth by 28,3%, 2019 - 400 billion tenge growth by 17,4%).

In order to create favorable conditions for investors, in 2018, a front office was created on the basis of the Entrepreneurs Service Center, which allowsreceiving all services in one place.

A special feature of the center is that visitors can use the services of 10 institutions in one place. The “one-stop shop” center provides about 70 types of services on land use, architecture, construction, taxation, and connection to engineering communications. Due to automation of the center's work, the time for issuing technical specifications has been reduced from 1 month to 3 working days.

For reference:in 12 months of 2019, 10546 services were rendered. In particular, for technical conditions-1872, for architecture and urban planning-1090, for land use-1531.

At the same time, in order to protect investors from corrupt actions by officials, the front office of the project “Protecting business and investments” has been operating in the region since June, 2018.

Alongside this, the investment portal baikonyrinvest.kz is functioning in 3 languages(Kazakh, Russian, English) in order to provide information support to potential investors. The portal includes types of state support measures, investment benefits, an algorithm for obtaining permits and other necessary information for investors.