PROBLEMS OF ATTRACTING AND USE FOREIGN INVESTMENTS IN KAZAKHSTAN

In this article authors describe importance of foreign investments. Investments play an important role both on macro - and at the micro level. In fact, they define the future of the country in general; the certain subject of managing and are the locomotive in development of economy. Attraction of foreign investments into economy of the republic and their development promote increase in productive potential of her economy; serve as the important instrument of transfer of technical and management skills from abroad. Business, investment activities and state of the economy in general substantially depend on state policy. Private business is not interested in investing the capital in such branches and such projects which do not make rather high profit, but for society and the state they are simply vital (the coal industry, railway transport, roads, agriculture, etc.). The market economy does not solve many other current problems. The state has to take care of all this. A prerogative of the state is also providing appropriate law and order in the country and its national security that in turn, is a basis for development of investment activities. Thus, the economy of any country cannot normally develop, and investments will not be made if the state has not provided the corresponding conditions for this purpose.

investments, fixed capital, productive potential, profit, economic development, national security, инвестиции, основной капитал, производительный потенциал, прибыль, экономическое развитие, национальная безопасность, инвестициялар, негізгі капитал, өнімділік әлеуеті, пайда, экономикалық даму, ұлттық қауіпсіздік

1. The law RK from 27. 12. 2010 № 266 «About foreign investments”.

2. The law RK from 24. 04. 2012 № 2235 “About taxes and other obligatory payments in the budget”.

3. The law RK from 28. 02. 2008 № 75 - 1 ZRK “About the State Support of Direct Investments”.

4. The resolution No 1-206 from 21. 03. 2010 of the State Committee of RK on investments “About the adoption of the Frame contract on the state support and granting measures of stimulation to the Investor who is carrying out investment activities to priority sectors of economy of RK”.

5. The decree of the President of Kazakhstan from 5. 04. 1997 №. 3444 “About the approval of the list of priority sectors of economy of RK for attraction of direct domestic and foreign investments”.

6. The decree of the President of Kazakhstan from 6.03.2011 “About the approval of Rules of granting privileges and preferences at signing of the contracts with the investors who are carrying out investment activities in priority sectors of economy”.