THE PRESIDENT ORDERED THE INTRODUCTION OF THE INVESTMENT ATTRACTIVENESS INDEX OF REGIONS

THE PRESIDENT ORDERED THE INTRODUCTION OF THE INVESTMENT ATTRACTIVENESS INDEX OF REGIONS

10.09.2025 11:05:08 2285

"Another issue. Special economic zones play a special role in attracting investment to the regions. However, many of them are not working well. This issue has been discussed many times.

The government should conduct a thorough analysis and be ready to take radical measures to improve the efficiency of special economic zones. Private companies, and if necessary, foreign companies, can be involved in the management of special economic zones.

Social and entrepreneurial corporations should be the driving force behind the economic growth of regions. However, many are limited to managing communal property and implementing non-essential projects. Their impact on the regional economy is negligible. The government should transform such corporations into full-fledged development institutions.

Attracting investment is not the sole responsibility of central executive bodies. Local authorities should also participate in this important work, and everyone should work together. It is necessary to establish direct responsibility of akims for the investment climate in the region.

The Agency for Strategic Planning and Reforms should introduce an index of investment attractiveness of regions. Perhaps it would be better to involve independent experts in this work.

The most important factor that directly affects the creation of a favorable investment climate is macroeconomic stability.

But the main problem today is: high inflation is "eating away" economic indicators and people's incomes. There is no ready-made solution to it, it is a problem that many countries are facing. Although the problem is common to all, it is especially felt in our case.

We need to get out of this macroeconomic impasse. The difficulties did not arise yesterday. To solve them, we need to take into account the best practices of the world, be prepared to take unpopular measures and bear the responsibility for them.

"The government and the National Bank must work as a unified team, facing a national task. Now is not the time for everyone to pull the blanket over themselves."