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President Lays out Principles for Modernisation of Nation's Identity

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President Lays out Principles for Modernisation of Nation's Identity +26° / +11°C WEDNESDAY, APRIL 26, 2017 No 8 (122) www.astanatimes.com President lays out principles for Kazakhstan attracts modernisation of nation’s identity record amount of foreign By Aigerim Seisembayeva ASTANA – Kazakh President Nursultan Nazarbayev published investment in 2016 April 12 a wide-ranging policy ar- By Zhazira Dyussembekova of Kazakh enterprises by direct ticle, “Course towards the future: investment increased $5.1 billion modernisation of Kazakhstan’s iden- ASTANA – In 2016, the gross against $3.8 billion in 2015, which tity” in national newspapers outlin- inflow of the foreign direct in- is a 35 percent decrease, according ing steps for modernisation of social vestments (FDI) in Kazakhstan to ranking.kz. norms and priorities alongside the reached new heights, growing 40 The volume of debts of Kazakh political and economic modernisa- percent compared to 2015 and sur- companies to foreign investors is tions announced in January. passing the previous record from $10.6 billion, or 5 percent less than “I am sure that the large-scale re- 2008, according to the National in the previous year. forms that we launched should be Bank of Kazakhstan. The main recipients of FDI were continued with advanced modernisa- The record inflow of foreign di- the mining industry, geological ex- tion of nation’s conscience. It won’t rect investment in 2016 was the ploration and processing. just complement the political and main source of financing of Ka- The growth of the indicator sig- economic modernisation, but will be zakhstan’s balance of payments, nals a return of interest from for- its core,” the article reads. according to a statement by the eign investors, which weakened in The three components of na- bank. 2013-2015 amid the crisis changes tional modernisation have one com- According to the financial regu- in the local economy, according to mon goal – to enter the world’s 30 lator, in 2016 the gross inflow of ranking.kz. most-developed countries. In Naz- FDI to Kazakhstan was $20.6 bil- The top four investors include arbayev’s opinion, it is impossible lion, while in 2015 it was $14.8 the Netherlands, the United States, to become an advanced country pre- billion. Switzerland and France. serving old models of consciousness The gross inflow of FDI has According to ranking.kz, last and thinking. It is important to adapt been growing steadily since 2007, year the Netherlands showed a to new conditions and take the best but declined by 17 percent in 2013. significant increase in interest in of what the new era offers. In 2014, the decrease slowed by 2 financing projects in Kazakhstan. percent and in 2015 it fell even The gross inflow of related invest- “That is why I decided to share my President Nursultan Nazarbayaev met with residents of Astana during an impromptu tour of the city on April 25 following a vision of how we can take a step to- major meeting devoted to its development and the status of preparations for EXPO 2017. See additional reporting on Page B6. more – by 38 percent. So, last ments increased by almost $2 bil- wards the future together and change year’s result was particularly sig- lion, or 33 percent. But at the same the nation’s conscience to become a teristics. This does not mean keep- individual guiding principle. the Kazakh language to the Roman nificant. time, the share of their investments united nation of strong and responsi- ing everything – both the things “We must clearly understand alphabet. “One of the components of the in the structure of FDI decreased ble people,” he wrote. that drive people into the future the lessons of history. The time of “In December 2012, in my annu- FDI inflow was the earnings rein- to 37 percent from 39 percent. He singled out several directions and the things that drag them revolutions is not over. And while al state of the nation address to the vested by non-residents. And their Direct investors from Switzer- where he proposed to modernise the back. The nation has to use its best they have changed greatly in their people of Kazakhstan ‘Kazakhstan volume exceeded $4.9 billion in land also increased the inflow of mindset of the nation and its people. traditions as prerequisites and im- form and content, our whole recent – 2050’, I said that we need to be- 2016. With the growth of incomes funds into the economy of Ka- portant conditions for success. A history says directly and unam- gin switching to the Roman alpha- of joint Kazakhstan enterprises, zakhstan by $724 million, their number of archaic habits should biguously: only evolutionary de- bet starting 2025,” he said. foreign investors increased the share in the gross volume of in- Competitiveness be left behind. velopment gives nations a chance By 2025, Kazakhstan will begin share of their income left in the vestments is 13 percent. Investors Society and individuals can succeed for prosperity. Otherwise, we will using the Roman alphabet in docu- country to finance the production from the United States increased only by developing their competitive- once again find ourselves in a his- mentation, periodicals, textbooks activity of enterprises,” the Na- the volume of direct investments ness in not only material things, but Cult of knowledge torical trap,” the President said. and other official forms of commu- tional Bank noted. In 2015, inves- for the year by $652 million, but also in knowledge, intellectual prod- Education should be the number nication to better accommodate the tors’ losses were $272 million. the share of their participation in ucts and quality of human resources. one priority and key value for the technological environment, commu- During the last year, the par- the economy decreased from 19 “That is why each Kazakh and nation. Only highly educated peo- Open-mindedness nications, scientific and educational ticipation of investors in capital percent to 17 percent. the nation in general should pos- ple capable of switching profes- Open-mindedness means at least processes, the President wrote. sess a set of qualities fit for the sions thanks to an elevated level of three peculiarities of conscience: Nazarbayev tasked the govern- 21st century. Among those quali- education will be able to live suc- - understanding what is going on ment to elaborate a transition time- ties are computer literacy, foreign cessfully in such conditions. in the world and in the region; table. By the end of 2017, the gov- language proficiency and cultural “The cult of education should be - being ready for changes that the ernment is to adopt a single standard openness,” Nazarbayev says. universal. And there is a crystal- technological revolution brings; version of the new Kazakh alphabet EBRD updates Kazakh clear reason for that. Half of exist- - being able to adopt others’ ex- (a task made important by the pres- ing professions will cease to exist perience and learn from others. In ence of numerous sounds in the Pragmatism in the upcoming decades because this regard, Nazarbayev sets the Kazakh language that cannot be This implies knowledge of na- of the technological revolution,” examples of the two great Asian simply identified by a single or sim- strategy to reflect green tional and personal resources, their Nazarbayev stresses. nations, Japan and China. ple Roman letter). In 2018, training economical use and ability to plan. The President emphasises that to teach the new alphabet will start, “The ability to live rationally with not being open-minded means not and textbooks will be prepared for Evolutionary, not revo- being able to see the bigger picture secondary schools. economy transition an emphasis on achieving real goals, on education, healthy lifestyle and and predict the future. During the adaptation period, the is fully committed continuing our lutionary development of By Dmitry Lee professional success is the pragma- modified Cyrillic alphabet, currently close collaboration,” he noted. tism in behaviour,” the article reads. Kazakhstan in use, will also be applicable. According to Preimanis, EBRD Kazakhstan has felt the positive Specific Projects The second project is called the ASTANA – The European Bank develops new country strategies and negative impacts from revolu- In addition to ideological prin- “New humanitarian knowledge. for Reconstruction and Devel- regularly, to reflect evolving pri- Preserving national identity tions on its territory over the 20th ciples, Nazarbayev noted specific One hundred new textbooks in opment (EBRD) is updating its orities of the government and the This means preserving the in- century and believes evolutionary, projects aimed at implementing the Kazakh language” project in Kazakhstan strategy to highlight lender. ner core of national identity while rather than revolutionary develop- those principles. the social and human sciences. Kazakhstan’s Green Economy “The new Kazakhstan Coun- changing only some of its charac- ment, should be a collective and The first project is to transition Continued on Page A2 Transition as an example for other try Strategy is expected to be ap- countries. Energy, resource effi- proved in July 2017 and it will run ciency and climate change mitiga- for a four-year period from 2017 tion will remain EBRD’s focus for until 2021,” he said. the next four years. The EBRD will be represented “The priorities of EBRD in in force during EXPO 2017, the Prime Minister promotes IT Kazakhstan for 2017-21 period Ministerial Conference, Astana reflect a significant increase in Economic Forum and the Foreign investments over the last three Investors Council, which will be years, which have made it the sec- co-chaired by the EBRD President cooperation during U.S. visit ond largest country of operation Sir Suma Chakrabarti. tion exchange between Kazakhstan cy in Kazakhstan and opportunities Advisors, AGCO, AES, Black and in 2016,” EBRD Director for Ka- Currently, the EBRD invites “the By Malika Orazgaliyeva and Silicon Valley, help develop to implement joint projects, attract Veatch and American Industrial zakhstan Agris Preimanis told The public to give its views on policies Kazakh start-ups in the region and investments, finance infrastructure Acquisition Corporation.
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