Kazakhstan is preparing to launch its National Digital Investment Platform (NDIP) by the end of 2024, as announced by Madiyar Sultanbek, Deputy Chairman of the Kazakh Invest Board. The platform aims to facilitate the management, monitoring, and tracking of investment projects nationwide.
According to Sultanbek, the NDIP is being developed through a collaborative effort involving the Ministry of Foreign Affairs, the Investment Committee, and Kazakh Invest. The platform is currently in the pilot phase, with plans for full-scale deployment by the end of the year. Sultanbek noted that more than 750 projects, primarily in the manufacturing sector and other non-raw materials industries, are already being monitored on the platform.
The NDIP is designed to integrate various stakeholders involved in investment projects, typically comprising two or three government bodies. For example, local authorities are responsible for overseeing land use, while relevant agencies pertain to specific sectors, such as tourism, transport, logistics, or agriculture. The platform will facilitate coordination among these entities, including the Ministry of Agriculture for land allocation and the Ministry of Industry for projects within special economic or industrial zones.
Sultanbek emphasized that the NDIP will enhance communication between government bodies at different stages of project implementation. He anticipates that once the platform is fully operational, it will streamline project management and monitoring processes, allowing for real-time resolution of operational challenges. Investors will also benefit from access to the platform via personal accounts, improving their engagement with ongoing projects.
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