Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS"

Transcription

1 Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS

2 Agenda I. Why Kazakhstan is attractive for investors? II. Investing in Kazakhstan III. Contact details

3 Why Kazakhstan is attractive for investors 1. Natural Resources Kazakhstan has the 6 th largest reserve of natural resources in the world

4 Why Kazakhstan is attractive for investors 2. Stable Macroeconomic Environment Kazakhstan's GDP, USD billion 132, , ,1 43,2 30, Kyrgyz Tajikistan Moldova Armenia Turkmenistan Uzbekistan Azerbaijan Belarus Kazakhstan Ukraine Russia GDP, 2009, USD billion Source: National Bank of RK

5 Why Kazakhstan is attractive for investors 2. Stable Macroeconomic Environment GDP per capita, 2009, USD Kyrgyz Republic Tajikistan Moldova Armenia Turkmenistan Uzbekistan Azerbaijan Belarus Kazakhstan Ukraine Russia

6 Why Kazakhstan is attractive for investors 3. Favorable business climate FDI records serve as an evidence of a favorable investment climate. Kazakhstan attracted more than 118 bln. US dollars if FDI since 1993.

7 Why Kazakhstan is attractive for investors? Investor Protection Country Strength of investor protection index (0-10) New Zealand 9.7 Kazakhstan 5.7 Russia 5.3 Tajikistan 5.3 Ukraine 4.7 Moldova 4.7 Source: National Bank of RK 7

8 Why Kazakhstan is attractive for investors? 3. Favorable business climate International ratings also serve as an evidence of a favorable investment climate Source: National Bank of RK

9 Why Kazakhstan is attractive for investors? 3. Proximity to Largest Regional Markets Kazakhstan is the continental bridge for goods that move from East and West, South to North. 3 out of 4 BRIC countries are located near Kazakhstan: Russia, China and India. Strategically located between European and Asian business centers Serves as a main transit zone in the region Provides 3 out of 4 Eurasian railways

10 Why Kazakhstan is attractive for investors? 3. Proximity to Largest Regional Markets

11 Why Kazakhstan is attractive for investors 3. Proximity to Largest Regional Markets West Europe West China км 10 days Sea route км days

12 Why Kazakhstan is attractive for investors? 5. Market capacity By entering the Customs Union, Kazakhstan creates for investors a more attractive market of 170 million people and opens up additional possibilities for effective investment projects Unified customs territory Uniform trade policy Uniforms customs code Free trade of goods within the customs area Free movement of goods, services, labor and capital

13 Kazakhstan, Russia and Belarus Customs Union from 2010 Russia Kazakhstan Belarus Market capacity around 170 mln. people Total GDP of almost $ 2 trillion U.S

14 Why Kazakhstan is attractive for investors? 6. Kazakhstan is reducing the negative impact of current deficiencies In 2010, the State program of accelerated industrial-innovative development for was adopted, which aims Infrastructure development Creation of new export-oriented high-tech manufacturing Strengthening of the national innovative system Improvement of professional skills of local labor State support (preference, privilege, co-financing etc) is granted to projects in priority sectors (non raw materials sector) in order to decrease the investors' expenses International National export Economic and investment Cooperation agency Committee

15 State program of accelerated industrialinnovative development for GOAL INDICATORS GDP grown up to 50% than in 2008 Ensure sustainable and balanced economic growth through diversification and competitive recovery. Increasing of labor productivity in manufacturing industry up to 50% and in some sectors up to 100% Increasing the share of non resource export up to 40% Decreasing energy intensity of GDP no less than 10% Increasing the share of innovative enterprises up to10% of active enterprises

16 Priority sectors of economy Traditional Mining and Metallurgical Complex Nuclear industry Based on domestic demand Machinery Construction industry Export-oriented Agro-industrial complex Light industry Chemical industry Petrochemicals Pharmaceuticals Tourism Sectors of «the future economy» Information and Communication Technology Space activities Biotechnology Alternative Energy

17 Investing in Kazakhstan State Support 1. Foreign Investment Protection Guarantees Kazakhstan has signed agreements on mutual investment protection with 44 countries

18 Investing in Kazakhstan State Support 1. Foreign Investment Protection Guarantees In order to reduce investment risk and guarantee protection to foreign investments, foreign investors are given national status (foreign and domestic companies work under equal conditions) The Foreign investors Council chaired by the President of the Republic of Kazakhstan was established in 1998, 30th of June Purpose: promotion of direct dialogue between the Government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country Council meetings address issues critical to the development of the country s economy, investor protection and investment climate. The Council consists of 29 foreign companies.

19 MAIN INSTRUMENTS OF INVESTOR SUPPORT Economic incentives for investors Institutional Support Special Economic Zones Investment Preferences Special Permanent Commission on Foreign Investment headed by Prime Minister of Kazakhstan: «OMBUDSMEN» for Investors Service support for investors National Export and Investments Promotion Agency: ONE STOP-SHOP for Investors 19

20 Investment preferences Recipients of preferences: Types of preferences: Potential and current investors Exemption from customs duties of imported equipment and its components for investment project implementation Tax incentives for investors Granting of the state natural grants value of the objects of preferences and (or) the following costs for the modernization and reconstruction can relate to deductions. Terms of preferences: Priority sectors of the economy

21 Investing in Kazakhstan State Support Privileges for Members of Special Economic Zones Today, there are 6 Special Economic Zones (SEZ) in Kazakhstan

22 Investing in Kazakhstan State Support Privileges for Members of Special Economic Zones The members of SEZ enjoy the following privileges: Corporate income tax exemption Customs-free policy VAT exemption on goods and services given on SEZ territories, made or consumed in activities related to SEZ creation 0% to the mid-year cost of taxable objects when calculating property tax 40% in the marginal rate of depreciation used for IT software

23 Institutional Support for Investors KAZNEXINVEST Government of Kazakhstan (ministries, agencies etc. Foreign economic policy Department Embassy of Kazakhstan Investor

24 ONE STOP-SHOP SERVICES FOR FOREIGN INVESTORS Information on investment projects Information on investment opportunities and business conditions Assistance in a choice of projects and partners Assistance in reception of measures for state support Assistance in making decisions on administrative questions Organization of meetings with official representatives

25 National investment interactive website Niche investment projects_eng.doc Website will be available in 12 languages: English, German, French, Italian, Spanish, Arabic, Korean, Japanese, Turkish, Kazakh and Russian. 25

26 More information Website includes information on : Processing of requests and inquiries of investors and initiators of the projects online Provision of quality and daily updated information on all aspects of investing in Kazakhstan, including: Investment legislation of the Republic of Kazakhstan; Business conditions in Kazakhstan; Infrastructure conditions; Government programs; Government support for investors and others. The list of investment projects 26

27 For further information: 1. Contact the Embassy of the Republic of Kazakhstan 2. Visit our website 3. Necessary information for investing in Kazakhstan visit 27

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up

More information

Export control system and Dual-Use Expertise in the Republic of Azerbaijan

Export control system and Dual-Use Expertise in the Republic of Azerbaijan Export control system and Dual-Use Expertise in the Republic of Azerbaijan Deputy Director of the Institute of Radiation Problems of Azerbaijan National Academy of Sciences Dr. Ibrahim Gabulov Azerbaijan

More information

FOREIGN DIRECT INVESTMENT IN CAMBODIA

FOREIGN DIRECT INVESTMENT IN CAMBODIA FOREIGN DIRECT INVESTMENT IN CAMBODIA PHNOM PENH SECURITIES PLC. No. 32, Monivong Bld, Phnom Penh, Cambodia Tel: +855-23-426-999 Fax: +855-23-426-495 Website: http://www.pps.com.kh In this Paper: Executive

More information

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 August 28, 2005 American Chemical Society Martha Gilchrist Moore Moore Economics mmoore@mooreeconomics.com Opportunities

More information

THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation

THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation (Main provisions) This country strategy for 2013-2015 has been drawn up as an elaboration of the Development Strategy

More information

Doing Business in Russia

Doing Business in Russia Doing Business in Russia www.bakertillyinternational.com Contents 1 Fact Sheet 2 2 Business Entities and Accounting 4 2.1 Companies 4 2.2 Partnerships 5 2.3 Branches and Representative Offices 6 2.4 Individual

More information

Legal guidelines Free trade agreements of Ukraine

Legal guidelines Free trade agreements of Ukraine Legal guidelines Free trade agreements of Ukraine www.sk.ua Table of contents 3 1. FTAs of Ukraine 2. Trade statistics 3. Trade preferences under the FTAs 4. Exemptions from FTAs 5. Eligibility criteria

More information

DOING BUSINESS IN AZERBAIJAN

DOING BUSINESS IN AZERBAIJAN DOING BUSINESS IN AZERBAIJAN CONTENTS 1 Introduction 3 2 Business environment 4 3 Foreign Investment 6 4 Setting up a Business 7 5 Labour 8 6 Taxation 9 7 Accounting & reporting 11 8 UHY Representation

More information

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE Tazeem Pasha serves as Manager, Business Retention and Expansion at SelectUSA. Established by Executive Order

More information

UNECE Energy Week Geneva. in Energy Security

UNECE Energy Week Geneva. in Energy Security UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector

More information

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Brief overview TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Construction plays a crucial role in Turkey s economic development, accounting for 5.9% of GDP and employing some 1.8 million people. When

More information

European Bank for Reconstruction and Development Partner of Choice. June 2014

European Bank for Reconstruction and Development Partner of Choice. June 2014 European Bank for Reconstruction and Development Partner of Choice June 2014 Agenda Introduction to the EBRD EBRD Co-financing Statistics A/B Loans and Preferred Creditor Status Selected Recent Co-financings

More information

LEGAL AND ILLEGAL MONEY TRANSFERS AS RUSSIAN FOREIGN POLICY INSTRUMENTS

LEGAL AND ILLEGAL MONEY TRANSFERS AS RUSSIAN FOREIGN POLICY INSTRUMENTS LEGAL AND ILLEGAL MONEY TRANSFERS AS RUSSIAN FOREIGN POLICY INSTRUMENTS FATIH OZBAY SENIOR FELLOW, CENTER ON FOREIGN POLICY AND SECURITY, HASEN FATIH OZBAY 128 Migrants who are mostly coming from former

More information

Health Care Market - 8% Of GDP Out Of Pocket Spending - 72% Of Total Health Care Expenditure

Health Care Market - 8% Of GDP Out Of Pocket Spending - 72% Of Total Health Care Expenditure GEORGIAN HEALTH CARE & INSURANCE MARKET INSURANCE COMPANY ALDAGI BCI Presenter: Nikoloz Gamkrelidze, ALDAGI BCI, CEO FEB 2011 Health Care Market - 8% Of GDP Out Of Pocket Spending - 72% Of Total Health

More information

Taxation of banking and finance in the BSEC countries

Taxation of banking and finance in the BSEC countries Taxation of banking and finance in the BSEC countries Anastasia Certan Head, Tax and Customs Policy and Legislation General Directorate 1 AGENDA CIT rates and exemptions WHT rates General and special deductions

More information

Investment incentives in Bulgaria

Investment incentives in Bulgaria Investment incentives in Bulgaria Types of incentives under the current Bulgarian legislation Tax incentives Incentives under the Investment Promotion Act (IPA) Employment incentives (training and job

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

D3 - FINAL REPORT SCENARIOS, TRAFFIC FORECASTS AND ANALYSIS OF TRAFFIC FLOWS INCLUDING COUNTRIES NEIGHBOURING THE EUROPEAN UNION

D3 - FINAL REPORT SCENARIOS, TRAFFIC FORECASTS AND ANALYSIS OF TRAFFIC FLOWS INCLUDING COUNTRIES NEIGHBOURING THE EUROPEAN UNION D3 - FINAL REPORT SCENARIOS, TRAFFIC FORECASTS AND ANALYSIS OF TRAFFIC FLOWS INCLUDING COUNTRIES NEIGHBOURING THE EUROPEAN UNION Submitted to: European Commission Submitted by: NEA Transport research and

More information

Colombia in the world

Colombia in the world Colombia in the world Proexport around the world Process of attracting Foreign Direct Investment Proexport offers detailed and professional assistance for investors that find interesting business opportunities

More information

Customs-to-Customs Electronic Data Interchange (EDI) with Central Asian Republics: State of Readiness

Customs-to-Customs Electronic Data Interchange (EDI) with Central Asian Republics: State of Readiness USAID Trade Project Customs-to-Customs Electronic Data Interchange (EDI) with Central Asian Republics: State of Readiness USAID Trade Project USAID/Pakistan Office of Economic Growth & Agriculture Contract

More information

Development of intermediated securities and insolvency laws in transition economies

Development of intermediated securities and insolvency laws in transition economies Development of intermediated securities and insolvency laws in transition economies Alexander Biryukov Kyiv National University COLLOQUIUM THE LAW OF SECURITIES TRADING IN EMERGING MARKETS: LESSONS LEARNED

More information

Tajikistan Business Enabling Environment- SME Policy Project Press Review - Issue #59

Tajikistan Business Enabling Environment- SME Policy Project Press Review - Issue #59 This press-review is produced by IFC Business Enabling Environment - SME Policy Project in Tajikistan as a free compilation of articles issued in the mass media of the Republic of Tajikistan and in the

More information

UAE Offshore Company Formation

UAE Offshore Company Formation UAE Offshore Company Formation Expanding and shifting your business activity through a UAE Offshore Company set up The Emirate of Ras Al Khaimah (RAK) has launched an offshore facility - The second in

More information

CADGAT. Central Asia Data Gathering and Analysis Team. Intra-regional trade in Central Asia

CADGAT. Central Asia Data Gathering and Analysis Team. Intra-regional trade in Central Asia CADGAT Central Asia Data Gathering and Analysis Team Intra-regional trade in Central Asia 1 Central Asia Regional Data Review No. 9, July 2013 In 2009, the Norwegian Institute of International Affairs

More information

Philanthropic Foundations Actual versus Potential Role in International Development Assistance 1

Philanthropic Foundations Actual versus Potential Role in International Development Assistance 1 Philanthropic Foundations Actual versus Potential Role in International Development Assistance 1 The role of private philanthropic foundations in the international development agenda has been drawing significant

More information

POLAND Modern and Strong Economy

POLAND Modern and Strong Economy POLAND Modern and Strong Economy Business opportunities for Korean companies in Poland Consulate General of the Republic of Poland in Istanbul Mr Grzegorz Rybarski 1st Counsellor/Consul Filip Hewelke Embassy

More information

MINISTRY OF AGRICULTURE OF HUNGARY

MINISTRY OF AGRICULTURE OF HUNGARY MINISTRY OF AGRICULTURE OF HUNGARY Introduction of the institutional framework of the Administration of the Hungarian Agriculture International Development Cooperation of the Ministry of Agriculture of

More information

Supported Payment Methods

Supported Payment Methods Sell Globally in a Snap Supported Payment Methods Global In the global payments market, credit cards are the most popular payment method. However, BlueSnap expands the payment selection by including not

More information

Supported Payment Methods

Supported Payment Methods Supported Payment Methods Global In the global payments market, credit cards are the most popular payment method. However, BlueSnap expands the payment selection by including not only the major credit

More information

Pan- European region

Pan- European region Call for photographs in support of UNEP s assessment work in the PanEuropean region Background The United Nations Environment Programme (UNEP) is requesting interested persons to participate in this call

More information

Trading Policy and Georgian Export

Trading Policy and Georgian Export Trading Policy and Georgian Export Gelashvili Madona Associate Professor, Faculty of Business and Economics, Sokhumi State University, Tbilisi, Georgia Abstract Introduction and aim: Georgian foreign trade

More information

CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES. Foreign Direct Investment Impact on the Polish Economy. Case Study. Ewa Sadowska-Cieslak

CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES. Foreign Direct Investment Impact on the Polish Economy. Case Study. Ewa Sadowska-Cieslak CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES Foreign Direct Investment Impact on the Polish Economy Case Study Ewa Sadowska-Cieslak WARSAW November 2000 CASE Foundation Center for Social and

More information

Association of Professional Accountants and Auditors of the Republic of Moldova founded in 1996

Association of Professional Accountants and Auditors of the Republic of Moldova founded in 1996 Association of Professional Accountants and Auditors of the Republic of Moldova founded in 1996 5h REPARIS Education Community of Practice Workshop Meeting May 24 25, 2010, Chişinău, Moldova Marina Şelaru,

More information

EXPORT PROMOTION OF CONSULTANCY AND MANAGEMENT SERVICES FROM INDIA

EXPORT PROMOTION OF CONSULTANCY AND MANAGEMENT SERVICES FROM INDIA Government of India New Delhi EXPORT PROMOTION OF CONSULTANCY AND MANAGEMENT SERVICES FROM INDIA March 2006 Prepared by India Habitat Centre Core - IV B, 2nd Floor, Lodhi Road New Delhi 110003 E EXECUTIVE

More information

www.fidfinvest.com Taxation in United Arab Emirates

www.fidfinvest.com Taxation in United Arab Emirates Taxation in United Arab Emirates The United Arab Emirates (UAE) is located on the southern coast of the Arabian Gulf and is a Federation of seven emirates, Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain,

More information

Investing in the United States Tazeem Pasha

Investing in the United States Tazeem Pasha Investing in the United States Tazeem Pasha Embassy of Spain and ICEX Seminar on Financing Opportunities forspanish Companies and Projects in the United States By Tazeem Pasha Monday, 19 March 2012 Washington,

More information

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET. Brief overview

TURKISH CONTRACTING IN THE INTERNATIONAL MARKET. Brief overview TURKISH CONTRACTING IN THE INTERNATIONAL MARKET Brief overview Construction plays a crucial role in Turkey s economic development, accounting for well over 6% of GDP and employing some 1.5 million people.

More information

Mexico s dilemma: rising exports, low value-added

Mexico s dilemma: rising exports, low value-added Mexico s dilemma: rising exports, low value-added China-Mexico trade gap around $14 billion Both have growing IT exports, but Mexico imports about 90% of the intermediate inputs, as opposed to China s

More information

ENERGY EFFICIENCY IN TURKEY. Erdal CALIKOGLU Head of Energy Efficiency in Industry

ENERGY EFFICIENCY IN TURKEY. Erdal CALIKOGLU Head of Energy Efficiency in Industry TAIEX WORKSHOP 25625 ON DEMAND SIDE MANAGEMENT İN ENERGY EFFICIENCY ENERGY EFFICIENCY IN TURKEY Erdal CALIKOGLU Head of Energy Efficiency in Industry 22 23 November 2007 Importance of Energy Efficiency

More information

Country Tax Guide. www.bakertillyinternational.com

Country Tax Guide. www.bakertillyinternational.com Country Tax Guide www.bakertillyinternational.com Baker Tilly Russia www.bakertilly.ru Eduard Kutcherov T: +7 (495) 783 88 00 kutcherov@bakertilly.ru Andrey Kirillov T: +7 (495) 783 88 00 a.kirillov@bakertilly.ru

More information

Busiest ports. Asian Tiger. Business friendly. Highest Trade/GDP Ratio. 4 th biggest financial centre

Busiest ports. Asian Tiger. Business friendly. Highest Trade/GDP Ratio. 4 th biggest financial centre Busiest ports Business friendly Asian Tiger Highest Trade/GDP Ratio 4 th biggest financial centre Singapore economy at a glance: Singapore is a global trading power. Its strategic geographical location,

More information

Terms of Reference: Consultancy Firm. Selection #1019083

Terms of Reference: Consultancy Firm. Selection #1019083 Terms of Reference: Consultancy Firm Selection #1019083 Support for Broadband Competitiveness Program in Eastern Europe, South Caucasus and Central Asia (ECA) Trust Fund: TF071399 Creating Sustainable

More information

Securities markets regulators in transition

Securities markets regulators in transition Securities markets regulators in transition Below is a list of the securities regulators, in the EBRD region with summaries of their objectives and competencies (plus links to the website): [Note: If you

More information

Integrated Management Strategy of Transboundary Water Resources of Central Asia

Integrated Management Strategy of Transboundary Water Resources of Central Asia Academy of Sciences Republic of Tajikistan Institute of Water problems, Hydropower and Ecology Integrated Management Strategy of Transboundary Water Resources of Central Asia I.Sh.. Normatov, G.N. Petrov

More information

Ministry of Finance. Ha Noi, December 2013

Ministry of Finance. Ha Noi, December 2013 Ministry of Finance Ha Noi, December 2013 Legal framework Law on State Budget and guiding documents Decision 158/2008/QD-TTgdated December 2 nd 2008 approving the National Target Program on Response to

More information

Economic Overview. East Asia managed to weather the global recession by relying on export-oriented

Economic Overview. East Asia managed to weather the global recession by relying on export-oriented Economic Overview Economic growth remains strong in East Asia and retains healthy momentum thanks to strong commodity prices and increases in exports. leads the region in growth and its GDP is expected

More information

PART TWO POLICIES FOR ADJUSTMENT AND GROWTH

PART TWO POLICIES FOR ADJUSTMENT AND GROWTH PART TWO ICIES FOR ADJUSTMENT AND GROWTH Economic Survey of Europe, 22 No. 1 CHAPTER 4 TECHNOLOGICAL ACTIVITY IN THE ECE REGION DURING THE 199s While the task of estimating the contribution of technical

More information

Dushanbe Business Forum. 18 May 2013

Dushanbe Business Forum. 18 May 2013 Dushanbe Business Forum 18 May 2013 Country Overview: Republic of Kazakhstan Socio-Economic Indicators, 2012 estimates Population (Mln) 17.74 (April 2013 est.) Total area (sq. km) 2,724,900 Kazakhstan

More information

EU Strategies and Programmes in Central Asia to Support the Implementation of EU Central Asia Action Plan on Drugs

EU Strategies and Programmes in Central Asia to Support the Implementation of EU Central Asia Action Plan on Drugs EU Strategies and Programmes in Central Asia to Support the Implementation of EU Central Asia Action Plan on Drugs 08 April, 2013, Berlin Dobromir Hristov, Task Manager EU Delegation to the Kyrgyz Republic

More information

DAWEI Sea PROJECT Port Project DAWEI AND THE REGION

DAWEI Sea PROJECT Port Project DAWEI AND THE REGION February 2012 DAWEI Sea PROJECT Port Project DAWEI AND THE REGION PROJECT LOCATION Kunming India Middle East / Europe Dawei Africa Asia Regional Hub DAWEI Sea PROJECT Port Project DAWEI PROJECT OVERVIEW

More information

6. Gross Domestic Product by Country

6. Gross Domestic Product by Country 6. Gross Domestic Product by Country The economies of the six countries studied for this report have flourished, allowing for the very high growth rates in research and development (R&D) investment and

More information

Navigating around business risks in Turkey. Cagdas Cataltas Control Risks

Navigating around business risks in Turkey. Cagdas Cataltas Control Risks Navigating around business risks in Turkey Cagdas Cataltas Control Risks Outline Investing in Turkey Benefits Sectors Risks Understanding the country and your partners Case studies Investing in Turkey:

More information

BLUM Attorneys at Law

BLUM Attorneys at Law BLUM Attorneys at Law CORPORATE TAXATION SYSTEM IN SWITZERLAND Outline of Swiss Corporate Tax System Levels of Taxation in Switzerland Resident companies are subject to: federal corporate income tax, and

More information

CURRENT ACCOUNT: THE REGIONAL DEVELOPMENTS AND TRENDS

CURRENT ACCOUNT: THE REGIONAL DEVELOPMENTS AND TRENDS CURRENT ACCOUNT: THE REGIONAL DEVELOPMENTS AND TRENDS Prepared by Armenuhi Burnazyan and Arevik Aleksanyan In our project we tried to analyze Current Account (CA) balance trends for Armenia, Georgia and

More information

PERSPECTIVES OF COOPERATION IN INFORMATION AND COMMUNICATION TECHNOLOGIES

PERSPECTIVES OF COOPERATION IN INFORMATION AND COMMUNICATION TECHNOLOGIES PERSPECTIVES OF COOPERATION IN INFORMATION AND COMMUNICATION TECHNOLOGIES Miradil Sangilov Deputy Director-General Telecommunications and Information Technologies Market National Telecom Operator National

More information

2015 Global Emotions

2015 Global Emotions 2015 Global Emotions 1 Gallup s Positive and Negative Experience Indexes measure life s intangibles the feelings and emotions that traditional economic indicators such as GDP were never intended to capture.

More information

GROWTH & DEVELOPMENT OF THE MALAYSIAN ECONOMY - An overview -

GROWTH & DEVELOPMENT OF THE MALAYSIAN ECONOMY - An overview - GROWTH & DEVELOPMENT OF THE MALAYSIAN ECONOMY - An overview - MOHAMED ARIFF 1 MALAYSIA: GDP GROWTH % 15 10 5 0-5 -10 1957 1960 1970 1980 1990 2000 2010 GDP Growth (%) Source: DOS 2 Factors Contributing

More information

TRANSPORT SECTOR ROADMAP AND THE INVESTMENT PROGRAM I. Roadmap

TRANSPORT SECTOR ROADMAP AND THE INVESTMENT PROGRAM I. Roadmap TRANSPORT SECTOR ROADMAP AND THE INVESTMENT PROGRAM I. Roadmap 1. Launched in 2008, the government s Afghanistan National Strategy (ANDS) is a Millennium Goals (MDGs) based action plan and road map for

More information

Service Specifications

Service Specifications Service Specifications 1. Title Information service concerning politics, economies, and industries of developing countries and regions 2. Description of the service Offering country risk reports on a daily

More information

Africa is still relying for economic growth on agriculture and the export of raw commodities. Although

Africa is still relying for economic growth on agriculture and the export of raw commodities. Although Chapter 3 Industrialise Africa Chapter 3 Industrialise Africa Africa is still relying for economic growth on agriculture and the export of raw commodities. Although industrialisation is growing, Africa

More information

Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011

Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011 Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011 Economic Planning in China Gregory C. Chow This paper provides an up-to-date study of economic planning

More information

International aspects of taxation in the Netherlands

International aspects of taxation in the Netherlands International aspects of taxation in the Netherlands Individuals resident in the Netherlands are subject to income tax on their worldwide income. Companies established in the Netherlands are subject to

More information

THE CODE. On Taxes and Other Obligatory Payments

THE CODE. On Taxes and Other Obligatory Payments THE CODE of the Republic of Kazakhstan On Taxes and Other Obligatory Payments TO THE BUDGET (THE TAX CODE) Effective January 1, 2015 Developed by ITIC in cooperation with the Information Bulletin of the

More information

Globalization and International Trade

Globalization and International Trade 12 Globalization and International Trade Globalization refers to the growing interdependence of countries resulting from the increasing integration of trade, finance, people, and ideas in one global marketplace.

More information

May 2013. Special Capital Expenditure Budget Proposal: Improving Office Facilities of Selected Resident Missions

May 2013. Special Capital Expenditure Budget Proposal: Improving Office Facilities of Selected Resident Missions May 2013 Special Capital Expenditure Budget Proposal: Improving Office Facilities of Selected Resident Missions ABBREVIATIONS ADB Asian Development Bank BPBM BPMSD OAS OIST Budget and Management Services

More information

Improving Rural and Perifpheral Regions Supply Chain Management: Education and Training

Improving Rural and Perifpheral Regions Supply Chain Management: Education and Training An Assessment of Developing the Human Capital in Supply Chains Across Borders and Cultures in U.S. and Russia and CIS Government Programs By Dr. Eric P. Thor, S.A.M. and Dr. Olga Panteleeva 1 Overview

More information

Facilitating Remittances to Help Families and Small Businesses

Facilitating Remittances to Help Families and Small Businesses G8 ACTION PLAN: APPLYING THE POWER OF ENTREPRENEURSHIP TO THE ERADICATION OF POVERTY The UN Commission on the Private Sector and Development has stressed that poverty alleviation requires a strong private

More information

Iowa s average industrial electricity cost per kwh is 24 percent below the U.S. average.

Iowa s average industrial electricity cost per kwh is 24 percent below the U.S. average. Iowa s business climate has never been more favorable. Iowa has the lowest cost of doing business in the nation, is perfectly positioned with its central location and has a diversified and robust economy.

More information

Running a Business in Georgia

Running a Business in Georgia Enterprise Surveys Country Note Series Georgia World Bank Group Country note no. 6 rev. 1/211 Running a Business in Georgia N ew data from the Enterprise Surveys indicate that senior managers in Georgian

More information

Scholarships for University Students, PhD Students, University Teachers, Researchers and Artists from Abroad

Scholarships for University Students, PhD Students, University Teachers, Researchers and Artists from Abroad Scholarships for University Students, PhD Students, University Teachers, Researchers and Artists from Abroad In 2005, the National Scholarship Programme for the Supports of Mobility of University Students,

More information

M I N U T E S Treasury Community of Practice Workshop Astana, Kazakhstan; September 27 29, 2011

M I N U T E S Treasury Community of Practice Workshop Astana, Kazakhstan; September 27 29, 2011 M I N U T E S Treasury Community of Practice Workshop Astana, Kazakhstan; September 27 29, 2011 The PEM-PAL (Public Expenditure Management-Peer Assisted Learning) consists of three networks of practitioners,

More information

Emerging Trends in Migration: Insights From Gallup. For the CSD of the Global Forum on Migration and Development Athens, November 2, 2009

Emerging Trends in Migration: Insights From Gallup. For the CSD of the Global Forum on Migration and Development Athens, November 2, 2009 Emerging Trends in Migration: Insights From Gallup For the CSD of the Global Forum on Migration and Development Athens, November 2, 2009 In today s global environment, leaders need easy access to timely,

More information

UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members

UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members South and South-West Asia Afghanistan Bangladesh Bhutan India Iran Maldives Nepal Pakistan Sri

More information

D R Ž E L J K O V A Š K O D R G O R D A N A R O K V I Ć U N I V E R Z I T Y B A N J A L U K A F A C U L T Y O F A G R I C U L T U R E

D R Ž E L J K O V A Š K O D R G O R D A N A R O K V I Ć U N I V E R Z I T Y B A N J A L U K A F A C U L T Y O F A G R I C U L T U R E Trade arrangements and their impact on food sector development in Balkan Region Countries / candidate countries. D R Ž E L J K O V A Š K O D R G O R D A N A R O K V I Ć U N I V E R Z I T Y B A N J A L

More information

First of all I want to thank you for inviting me to. talk to you, in this prestigious university. Before

First of all I want to thank you for inviting me to. talk to you, in this prestigious university. Before Florida, the USA and France: a business partnership First of all I want to thank you for inviting me to talk to you, in this prestigious university. Before becoming minister in charge of the French overseas

More information

Japan Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: November 2012

Japan Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: November 2012 Japan Tax Profile Produced in conjunction with the KPMG Asia Pacific Tax Centre Updated: November 2012 Contents 1 Corporate Income Tax 1 2 Income Tax Treaties for the Avoidance of Double Taxation 7 3 Indirect

More information

2015 Russian Nanotechnology Investment Enabling Technology Leadership Award

2015 Russian Nanotechnology Investment Enabling Technology Leadership Award 2015 Russian Nanotechnology Investment Enabling Technology Leadership Award 2015 Contents Background and Company Performance... 3 Technology Leverage and Customer Impact of OJSC RUSNANO... 3-5 Conclusion...

More information

Netherlands Foreign Investment Agency

Netherlands Foreign Investment Agency Netherlands Foreign Investment Agency Table of Content Press release: Record Amount of Foreign Investment... 3 Results NFIA in 2014... 4 Origin of projects... 6 Activities... 7 Sectors... 8 Lead sources...

More information

Table 1: TSQM Version 1.4 Available Translations

Table 1: TSQM Version 1.4 Available Translations Quintiles, Inc. 1 Tables 1, 2, & 3 below list the existing and available translations for the TSQM v1.4, TSQM vii, TSQM v9. If Quintiles does not have a translation that your Company needs, the Company

More information

2. Place of renewable energy in the context of developing global energy at present stage

2. Place of renewable energy in the context of developing global energy at present stage Renewable Energy Strategy to promote an enhanced investment climate for renewable energy technologies for submission to national and regional authorities in participating CIS countries 1. Introduction

More information

CTI-Investors Forum 2007 CDM/ JI Project Porfolio

CTI-Investors Forum 2007 CDM/ JI Project Porfolio CTI-Investors Forum 2007 CDM/ JI Project Porfolio No. Project Activity Country 1 Small Scale Hydropower Plant Armenia 3 395 ca. US$ mln 3 35% 2010-2031 2 Small Scale Hydropower Plant Armenia 8 741 ca.

More information

ROMANIA S COMPETITIVE ADVANTAGES ON THE GLOBAL OUTSOURCING MARKET

ROMANIA S COMPETITIVE ADVANTAGES ON THE GLOBAL OUTSOURCING MARKET Bulletin of the Transilvania University of Braşov Series V: Economic Sciences Vol. 7 (56) No. 1-2014 ROMANIA S COMPETITIVE ADVANTAGES ON THE GLOBAL OUTSOURCING MARKET D. BOŞCOR 1 C. BĂLTESCU 1 Abstract:

More information

The Baltic Sea Region and its higher education sector Workshop for Multipliers

The Baltic Sea Region and its higher education sector Workshop for Multipliers The Baltic Sea Region and its higher education sector Workshop for Multipliers September 14 20, 2008, Berlin/Germany and Tallinn/Estonia Tobias Wolf DAAD, Unit 513 TEMPUS/EU-Third Country Cooperation Structure

More information

ATOMEX-Europe 2013. 8-9 October 2013, Brno, Czech Republic

ATOMEX-Europe 2013. 8-9 October 2013, Brno, Czech Republic ATOMEX-Europe 2013 8-9 October 2013, Brno, Czech Republic VTB today VTB is a backbone Russian bank, which has built an international financial group. VTB Group possesses a unique international network

More information

REPUBLIC OF TURKEY MINISTRY OF CULTURE AND TOURISM GENERAL DIRECTORATE OF RESEARCH&TRAINING TRAINING IN TURKISH TOURISM

REPUBLIC OF TURKEY MINISTRY OF CULTURE AND TOURISM GENERAL DIRECTORATE OF RESEARCH&TRAINING TRAINING IN TURKISH TOURISM REPUBLIC OF TURKEY MINISTRY OF CULTURE AND TOURISM GENERAL DIRECTORATE OF RESEARCH&TRAINING TRAINING IN TURKISH TOURISM 2014 TRAINING IN TURKISH TOURISM TOURISM TRAINING Formal Tourism Training Non-Formal

More information

BUSINESS. BY THE BAY!

BUSINESS. BY THE BAY! City of La Porte BUSINESS. BY THE BAY! ECONOMIC DEVELOPMENT INCENTIVES La Porte, Texas 604 W. Fairmont Parkway La Porte, Texas 77571 (281) 470-5016 Local Incentives Tax Abatements The City of La Porte

More information

Global Exhibition on Services

Global Exhibition on Services Ministry of Commerce & Industry Global Exhibition on Services Concept Note 1 GES Concept Note Global Exhibition on Services (GES) - Concept Note The Government of India, Ministry of Commerce and Industry

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1

SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Country Partnership Strategy: Uzbekistan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. The energy sector underpins Uzbekistan s sustained

More information

2012 Americas School of Mines

2012 Americas School of Mines www.pwc.com 2012 Americas School of Mines Francophone Africa Gilles de Vignemont Agenda Section one: Overview of Africa Section two: Hot Topics Section three: in Africa Summary 2 Section one: Overview

More information

Payroll Project VTB Bank (Kazakhstan) JSC SO. Year 2012

Payroll Project VTB Bank (Kazakhstan) JSC SO. Year 2012 Payroll Project VTB Bank (Kazakhstan) JSC SO Year 2012 Welcome to VTB Bank (Kazakhstan) JSC SO VTB Bank (Kazakhstan) JSC SO is 100% subsidiary Bank of the largest Russian VTB Bank OJSC. VTB Group is over

More information

The Australian Capital Territory in the Asian Century

The Australian Capital Territory in the Asian Century The Australian Capital Territory in the Asian Century August 2013 SUMMARY The Australian Government s Australia in the Asian Century White Paper has given added impetus to action the ACT government is

More information

Overview of investment activities of pharmaceutical companies in Russia

Overview of investment activities of pharmaceutical companies in Russia Overview of investment activities of pharmaceutical companies in Russia Sponsored by View of foreign pharmaceutical companies on the investment climate in Russia 01 5 View of foreign pharmaceutical companies

More information

Information for bank customers on terms and conditions of transfers via international money transfer systems:

Information for bank customers on terms and conditions of transfers via international money transfer systems: Information for bank customers on terms and conditions of transfers via international money transfer systems: 1 AVERS international money transfer system within Ukraine (USD, UAH): 0.8% of the transferred

More information

Advice for Small Businesses. Grow your business? Know how.

Advice for Small Businesses. Grow your business? Know how. Grow your business? Know how. Russia Russia Belarus Ukraine Moldova Croatia Romania Bosnia and Herzegovina Serbia Montenegro Kosovo Georgia Albania Armenia FYR Macedonia Turkey Tunisia Azerbaijan Kazakhstan

More information

TRANSPORT SYSTEM OF AZERBAIJAN: OPPORTUNITIES AND PERSPECTIVES FOR GLOBAL LOGISTICS AS A BASE FOR REGIONAL INTEGRATION. INVESTMENT PROJECTS.

TRANSPORT SYSTEM OF AZERBAIJAN: OPPORTUNITIES AND PERSPECTIVES FOR GLOBAL LOGISTICS AS A BASE FOR REGIONAL INTEGRATION. INVESTMENT PROJECTS. THE REPUBLIC OF AZERBAIJAN MINISTRY OF TRANSPORT AZERBAIJAN ITALY BUSINESS FORUM TRANSPORT SYSTEM OF AZERBAIJAN: OPPORTUNITIES AND PERSPECTIVES FOR GLOBAL LOGISTICS AS A BASE FOR REGIONAL INTEGRATION.

More information

Cholpon-Ata, Republic of Kyrgyzstan 10-11 September 2012

Cholpon-Ata, Republic of Kyrgyzstan 10-11 September 2012 Results of the workshop: Bilateral Comparisons of Statistical Data on Remittances attended by the central (national) banks of the CIS member countries within the framework of the conference: Remittances:

More information

Kyrgyzstan: Power Generation & Transmission

Kyrgyzstan: Power Generation & Transmission Kyrgyzstan: Power Generation & Transmission October, 2010 Author: Artyom Zozulinsky, Business & Commercial Assistant, US Embassy Bishkek Contents SUMMARY... 2 POWER SECTOR OVERVIEW... 2 Infrastructure...

More information

Recognition of joint degrees: a global challenge from European perspective

Recognition of joint degrees: a global challenge from European perspective Erasmus Mundus Joint Workshop: Recognition of Degrees and Joint Degrees Recognition of joint degrees: a global challenge from European perspective Prof. Andrejs Rauhvargers (Latvia) Chair, BFUG Working

More information

Kazakhstan s Growing Economy

Kazakhstan s Growing Economy Kazakhstan s Growing Economy April 2015 TABLE OF CONTENTS Kazakhstan s Growth pg. 3 Resource Abundance and the National Oil Fund pg. 4 Foreign Investments and Competitiveness pg. 6 Foreign Trade, Transport,

More information

INVESTMENT STRATEGY OF AGRARIAN SECTOR

INVESTMENT STRATEGY OF AGRARIAN SECTOR УДК 330.322:631 Gutkevych S., Doctor of Economics, Professor, Head of Department of International Economy, National University of Food Technologies, Kyiv Zavadskyh A., Candidate of Economics, Associate

More information