Kazakhstan plans to lure company that have left Russia

President of Kazakhstan Kasym-Zhomart Tokaev instructed the government to create favorable conditions for relocation to the country of foreign companies that left the Russian market, reports TASS.

According to him, now there is a global struggle for investment capital. “Each second of almost 1,400 large foreign companies suspended activities or completely left the Russian market,” he said.

This is a great chance for Kazakhstan, which can attract that have gone companies and investments in the Kazakhstan market with them. “This will give us good opportunities for increasing the production of goods of medium and upper redistributions,” Tokaev said on Thursday at an expanded meeting of the government.

President Tokayev noted that the government should create favorable conditions for their relocation in Kazakhstan.