Foreign investment flow to Customs Union countries grows by 30-40% - Vice PM Kelimbetov
2013-04-26 17:04:18
Since the establishment of the Customs Union the volume of foreign direct investment from the third countries increased by 30-40%, Kazakh Deputy Prime Minister Kairat Kelimbetov stated during the XI Eurasian Media Forum dedicated to the Eurasian integration.
According to him, more than 3 thousand Russian enterprises have been opened in Kazakhstan within the framework of the Customs Union.
"Indeed, some companies prefer the tax regime of Kazakhstan, but there is no direct evidence that there is a mass migration of Russian taxpayers to Kazakhstan," he said.
According to Kelimbetov, namely the low tax regime designed specifically for the business, is one of the main aspects of the competitiveness of Kazakhstan's economy.
However, answering the questions from the debate, the Deputy Prime Minister stressed that the statements about the expansion of Russian business in Kazakhstan are baseless.
"The press makes a lot of statements about the expansion of Russian business in Kazakhstan. For example, the fact that Sberbank dominates the banking sector. I can say that the assets of the two Russian banks - "Sberbank" and "VTB" do not exceed 6%. Is this the expansion? I do not think so. Therefore, we are waiting for the new large and small high-tech enterprises from Russia," the Deputy Prime Minister of Kazakhstan said.