Experts predict to Kazakhstan entry in number of world leaders on growth of economy (PHOTO)

Experts predict to Kazakhstan entry in number of world leaders on growth of economy (PHOTO)

15 December, 15:21 276
Experts predict to Kazakhstan entry in number of world leaders on growth of economy (PHOTO)

According to expert forecasts, Kazakhstan will be among the leading countries on growth of economy in the next 10-20 years. Head of state Nursultan Nazarbayev declared about it at a ceremonial meeting in honor of 25th anniversary of independence of Kazakhstan, BNews.kz correspondent reports.

"Our country is a striking example of the Kazakhstan economic miracle. Nobel Prize laureate on economy Finn Kyudland emphasizes that Kazakhstan is one of most quickly developing countries in the world. Rates of development of the country impress. We were included into number 50 of the most competitive economies of the world in 2012. Our economy grew more than by 20 times for years of independence. 17 years from 25 – stable growth every year. According to expert forecasts Kazakhstan will be among the leading countries on growth of economy in the next 10-20 years," the head of state said.

According to Nursultan Nazarbayev, an essence of the Kazakhstan economic miracle is much more deeply. First, the new growing class of owners and entrepreneurs - nearly 1,300,000 entrepreneurial structures successfully works. They make about a third of all national wealth. Secondly, the single system of communication, production, transport, electricity transmissions was created for years of independence. The president noted that earlier car roads and railroads did not connect corners of our country and the ways were in parallel gone north. Now with a program implementation of "Nurly Zhol" creation of single transport system as an artery of global transport routes comes to the end. 1,000 km of automobile and about 3,000 km railway tracks are laid. Thirdly, at the beginning of the 90th Kazakhstan exported nothing. Today our country exports 2,500 names to 119 countries of the world.

"Our export constitutes about 50 billion dollars. We became a global grain granary. We already realize the second industrial five-year period, more than 1,000 new productions are constructed. Productions of cars, locomotives, helicopters and another never were not in our country. Today 500 absolutely new types of products are mastered," Nursultan Nazarbayev said.   

 Fourthly, as the president noted, more than 260 billion dollars of direct foreign investments for the benefit of the people work. We observe fixed net inflow of direct foreign investments for 23 years since entering of tenge in 1993.

"I am grateful to all investors and friends of Kazakhstan who brought not only large sums, but also gave technology, science, taught our citizens to work at the international level. We will continue a cooperation," the head of state added.

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