Kazakhstan under the chairmanship of it’s Prime Minister, Askar Mamin has set up Coordinating Council for attracting foreign investments inclusive of investments from India. Under Askar Mamin, a decision was taken to lay down the functions of Investment Ombudsman in order to venture for new approaches to improve investment scenario in Kazakhstan by efficiently interacting with the investors and providing solutions to current issues.The requirement for such task is to increase the volume of investment in fixed assets in the medium term to 30% of (Gross Domestic Product) GDP of the nation and the primary driver should be foreign direct investment (FDI).The meeting chose the Astana International Financial Centre (AIFC) as a Unified Centre for the coordination of work on investment and promotion (Regional Investment Hub).
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