ASTANA (TCA) — A presentation of the information system for monitoring investment projects in Kazakhstan from Kazakh Invest national company was held on October 4 in Astana for representatives of state bodies and current and potential investors, the official website of the Prime Minister of Kazakhstan reported.
The Customer Relationship Management (CRM) information monitoring system was developed by Kazakh Invest as a platform for effective and transparent investment project management.
“Its main goal is to ensure the full implementation of all initiatives of investors. Now Kazakh Invest has over 200 projects. We see that about 100 projects are in the active phase. This system will clearly see where, at what stage, who is the executor, and how the state can help. The system will not allow any initiative or project to fall out. Every project should be brought to the end,” Vice Minister for Investment and Development of Kazakhstan Yerlan Khairov said at the event.
The system will be accessible to employees of Kazakh Invest, Kazakh and foreign investors and entrepreneurs. It contains complete, reliable and up-to-date information about investors, investment projects, production sites, and inquiries of potential investors.
“The new system will provide a multilateral exchange of data that will effectively manage the process of attracting investments and monitor progress continuously,” said Deputy Chairman of the Board of Kazakh Invest Birzhan Kaneshev. “Also, general access to active projects, reference and marketing materials will be provided, information exchange and coordination will be accelerated.”
One of the authors of the system, Galym Tolebayev, the Chief Manager of Kazakh Invest, told the audience in detail about the project, presented the capabilities of CRM and the potential for improving the system.
“It will be a Roadmap for investment projects in Kazakhstan. It will represent an online platform with separate ‘offices’ for investors, regional representatives, and employees of central government agencies. The system will generate online reporting, thereby reducing the labor costs of employees, and, as a result, monetary costs,” Tolebayev said.
The main effect that the creators expect from the introduction of the system is an increase in the volume of investments in the country.
