What's new

The OECD Investment Compact's Regional Competitiveness Initiative is the winner of the European Projects Awards IPA 2013 in the category Concluded project.
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In an effort to attract investment and competitiveness, Kyrgyz government has launched a project with the OECD and “the Promotion of Sustainable Economic Development in Kyrgyzstan” Program GIZ.
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The G8 Foreign Ministers Statement welcomes the role the Deauville Partnership with Arab Countries in Transition has had in the region for sustainable, inclusive growth.
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Development of a vibrant private sector is an essential component of OECD efforts to boost the growth and stability of economies worldwide. We work to encourage a sound business climate for investment, enhanced productivity, competitiveness, and entrepreneurship, to raise living standards and alleviate poverty.


 Improving the business climate in Kazakhstan




How can Kazakhstan improve its business climate?

The strong economic growth in Kazakhstan over the past ten years has been driven largely by the performance of its natural resource sector, with three-quarters of foreign investment concentrated in oil- and gas-related companies.

While Kazakhstan has made significant reforms, the country is still facing the challenge of diversifying its economy beyond the natural resource sector, to ensure sustainable growth and employment.

>> Policies to improve competitiveness in Kazakhstan

>> About the Central Asia Competitiveness Initiative