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MWP Celebrates the Day of the First President of the Republic of Kazakhstan

MWP congratulates the President of the Republic of Kazakhstan, and celebrates with the nation on 1 December, being the Day of the First President.

From the first days of his presidency President N. A. Nazarbayev began adopting a series of reforms to liberalise Kazakhstan’s economy and facilitate foreign investment.

He also proposed and implemented ambitious economic programs that have made our country today one of the fastest growing economies among its CIS neighbours and one of the most favourable countries for foreign investment and trade in the world.

Kazakhstan took the 35th place among 189 countries in the World Bank’s Doing Business rating for 2017 (jumping from 47th place in 2011). Foreign Direct Investment in Kazakhstan averaged US$4bln from 2001 until 2016, reaching an all-time high of US$8bln in the first quarter of 2012.

In Kazakhstan domestic and foreign investors are treated equally and by the law, foreign direct investment continues to flow, especially as commodity markets turn-around.

Next year Kazakhstan’s capital Astana will host EXPO-2017, whilst the business capital and main economic centre, Almaty will host the 28th Winter Universiade.

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