Kazakhstan has launched the Green Corridor system to simplify and expedite investment processes
Kazakhstan is introducing a new system of assistance for investment projects, known as the Fast Track or Green Corridor, to expedite and simplify the process for investors.
Kazakhstan's new Green Corridor system, launched by Deputy Prime Minister Nurlan Bazarbayev, aims to simplify investment processes by expediting essential procedures from registration to facility commissioning. It includes a National Investment Platform to monitor projects and a one-stop shop for investments over $50 million. The system is designed to cut project implementation time by 1.5 to 2 times and reduce costs by 20-30%.
Early results are promising, as evidenced by a recent meeting in Aktobe where 27 business representatives received participation certificates for major projects.(Source:astanatimes)
