World Monitor Magazine

 

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World Monitor magazine is a business publication in two languages (Russian and English) about economic, business events, international exhibitions, culture of the Republic of Kazakhstan and Europe.

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7 10 500 10 000 7 kunayev str astana kazakhstan +7 7172 24 50 50 astana@rixos.com

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calendar of events in kazakhstan

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contents 12 current trends in kazakhstan investment and business climate enhancement of the business and investment climate in kazakhstan the investment climate in russia and kazakhstan interactions and opportunities expert opinion 8 world monitor 14 destination kazakhstan due to the policy of economy diversification the structure of investment raised is changing investment climate in kazakhstan foreign direct investment in kazakhstan kazakhstan`s strategic investment projects 22 destination europe 52 hr the netherlands view on investment talent management needs to change 54 life style what to learn from children 58 social responsibility metro grants citi`s program banks in action citi

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62 going green tiger trail eurobak secretariat office julie kussidi eurobak executive director artyom belenkov elena kudryashova julie kussidi editor ­ in ­ chief editor of english version volunteer wendy moore marketing anna ter-pogossyan wmdevelop@eurobak.kz wmanager@eurobak.kz 64 books corner yelena chichibabina stanislav oreshkin wmassistant@eurobak.kz design anna denisova published since february 2006 2006 address rahat palace hotel 10 th floor 29/6 satpaev str almaty 050040 tel fax 298 02 33 250 34 76/77/78/79 e-mail executive@eurobak.kz website www.eurobak.kz printed by print house sprinter 16 baitursynov str tel +7 727 233 83 52 62,64 office@sprinter.kz almaty republic of kazakhstan 10 29/6 050040 298 02 33 250 34 76/77/78/79 e-mail executive@eurobak.kz website www.eurobak.kz sprinter 16 +7 727 233 83 52 62,64 office@sprinter.kz 67 www.eurobak.kz welcome new members circulation ­ 3900 copies ­ 3900 issued on bi monthly basis no 339 2013 no 339 2013 registration certificate no 8037 dated 10 january 2007 issued by the ministry of culture information sport of the republic of kazakhstan publisher kussidi owner sipova n the opinions of the authors may not always coincide with the opinions of the editors the editors are not responsible for the contents of the advertisements placed and the reliability of the information from the information agencies reprinting of materials published in this magazine in any form including electronic mass media is only with permission of the editors 70 grigory marchenko the head of the national bank of kazakhstan discusses tenge and predictions for 2013 2013 no 8037 10 2007 72 ceo lunch with general consuls 73 ceo lunch 74 pca committee meeting translation partner insel 3 79 84 89 accounting outsoursing partner intercomp 3 34 06 57 delivery partner fedex fedex 3 56 38 00 76 labor market of kazakhstan`s financial sector 77 work permits and state inspections 78 tax committee hot topics for 2013 79 the eurobak tax committee meeting on intra-group loans and vat recovery distribution list eurobak members hotels intercontinental hotel almaty rahat palace rixos almaty hotel royal tulip kazakhstan hotel almaty dostyk almaty hotel radisson sas hotel astana ramada plaza astana hotel rixos astana hotel chagala hotel atyrau renaissance atyrau grand nur plaza hotel aktau renaissance aktau etc to the management of main kazakhstan and international companies 80 10th annual eurobak bowling tournament 84 eurobak talent night karaoke contest 89 eurobak family bbq event 91 airlines hotels restaurants direct delivery airlines onboard air astana etihad airlines czech airlines ministries and agencies of rk embassies international exhibitions and conferences kioge kazbuild kazenergy etc in addition to the print version world monitor magazine is available in electronic world monitor format through eurobak website www.eurobak.kz www.eurobak.kz

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editor s address welcoming new members to eurobak agfa healthcare bt kazakhstan v-time object office dear reader this issue is dedicated to the investment and business climate in kazakhstan over 13 years of its presence in kazakhstan eurobak has always taken an active part in the constructive dialogue with the government of kazakhstan and supported all initiatives directed to the improvement of investment and business climate in the country mr mark smith eurobak chairman is sharing his views on current investment tendencies and the importance of further economic diversification in kazakhstan one of the highlight interviews of this issue is by the deputy prime minister of kazakhstan kairat kelimbetov who discusses the priorities of an investment policy in light of a new strategy kazakhstan 2050 as well as the positive impact of the customs union when it comes to attracting investors into the country the chairman of the investment committee yerlan khairov shares examples of investment projects and reports on the work of the committee h.e peter van leeuwen ambassador of the kingdom of the netherlands in kazakhstan has shared with us the positive global experience in attracting investments and also indicates that the netherlands is one of the leading investors in kazakhstan the eurobak pages report on activities of the association and work of the committees engaged in dialogue with the government of kazakhstan we wish you a wonderful summer enjoy your reading join the world monitor facebook page and be actively involved with eurobak julie kussidi eurobak executive director world monitor editor-in-chief sincerely yours julie kussidi 13 « 2050» world monitor facebook delivery partner 10 world monitor

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expert opinion current trends in kazakhstan investment and business climate as eurobak chairman it is my great pleasure and privilege to welcome you to the latest edition of world monitor in my short introduction i would like to share some thoughts on current trends in the kazakhstan investment and business climate mark smith eurobak chairman managing partner deloitte caspian region since gaining independence in 1991 the kazakhstan government has concentrated its efforts on developing its immense mineral wealth creating favourable conditions for foreign investors and ultimately ranking highly among the most developed countries in the world arguably because of this kazakhstan stands out as the largest recipient of foreign investment in the region with more and more investors beginning to see the country as an attractive destination for direct investment the huge inflow of international investment into the country has increased the development of its oil and gas sector with the proceeds being distributed between developing the country s infrastructure and various other non-energy sectors after such significant progress in rebuilding its economy during the 1990s the government has somewhat shifted its investment priorities greater emphasis in recent years has been put on diversifying the economy and creating incentives for investment in sectors such as tourism agriculture consumer goods construction the ecology and information technology to name a few in 2003 the kazakhstan president signed a law on investments setting forth the legal and economic principles behind boosting investment establishing equality between foreign and domestic investors guaranteeing investors rights and defining measures for the governmental support of investment importantly the law also discusses investment preferences such as customs duties and tax incentives for anyone setting up in the priority sectors listed above an excellent example of the progress kazakhstan has made in its efforts to attract investment to the country is its overall 49th placing in the world bank s ease of doing business rankings far higher than any of its immediate neighbours and trade competitors such as china and the cis countries worthy of special note is the country s 10th place in the protecting investors category while of course there is still room for improvement in the investment and business climate in kazakhstan it is definitely becoming easier and ultimately more rewarding to invest and do business in kazakhstan and as such we at eurobak look forward to playing our role in that development and the further diversification of the economy 12 world monitor

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expert opinion world monitor 1991 90 2003 « » 49 10 supported by eurobak 13

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