Caravanserai

Nazarbayev seeks further foreign investment in Kazakhstan

Caravanserai

ASTANA -- Kazakhstani President Nursultan Nazarbayev has urged foreign investors to conduct more business in the country, Kazinform reported Wednesday (December 6).

The president made his remarks during a nationwide teleconference on Kazakhstan's industrialisation Wednesday (December 6) in Astana.

"... On my behalf and on behalf of the country, I invite you to work here, for the good of Kazakhstan and for the good of your business," Nazarbayev said.

"The course toward large-scale industrialisation" that the country took seven years ago was the right move, with many multinational companies now operating in Kazakhstan, he said.

"Well-known companies like General Motors, Alstom, Talgo and many others are operating in the industry, for which we are grateful to them and ready to continue co-operating by helping and supporting their work in Kazakhstan," said Nazarbayev.

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