12 Dec 2023 14:17

President Tokayev: Kazakh manufacturing sector investors tax-free for 3 years from 2024

ASTANA. Dec 12 (Interfax) - Kazakh President Kassym-Jomart Tokayev has unveiled decisive steps to boost investment in Kazakhstan.

"In line with my directives, investors in the manufacturing sector next year will enjoy a three-year tax exemption. These unprecedented and decisive measures are essential to our success amid intense international competition for investments, ensuring we reach our intended goals," Tokayev said addressing the winners of the Altyn Sapa and Paryz awards.

Tokayev stressed the guiding principle for attracting investments as "zero bureaucracy - maximum concrete actions," urging the state apparatus "to prioritize achieving tangible results."