FOREIGN INVESTMENTS IN THE ECONOMIC DEVELOPMENT OF KAZAKHSTAN IN THE POST-PANDEMIC PERIOD
Authors: Даниярова М.Т. , Тержанова А.Ж. , Глазунова С.Б. , Daniyarova M. , Terzhanova A. , Glazunova S. 
Published: May 2022

В данной статье отмечено, что практический этап выполнения Плана нации оказал некоторое положительное влияние на деловую активность предприятий промышленности. Основные направления развития экономики должны быть связаны с ускоренным развитием приоритетных и эффективных отраслей и ростом инвестиций в производство.Авторами исследования приведены основные макроэкономические показатели Республики Казахстан,индикаторы развития экономики в 2016 – 2020 годах, динамика внешних инвестиций в основной капитал, объем иностранных прямых инвестиций в Республику Казахстан, рассчитана зависимость эффективности обрабатывающей промышленности Казахстана от иностранных инвестиций за последние годы.В ходе проведенного анализа выявлено, что рост эффективной деятельности предприятий (рентабельность) обрабатывающей промышленности в последние годы происходит преимущественно за счет экстенсивного фактора, то есть привлечения иностранных инвестиций в основной капитал промышленности страны.Отмечается, что Казахстану необходимо определиться с направлениями и факторами, отличающими его от других стран, конкурирующих за получение инвестиций, путем разработки индивидуального подхода к секторам экономики и отраслей, конкретизации плана экономического развития страны в зависимости от размеров и масштабов привлечения прямых иностранных инвестиций.

This article notes that the practical stage of the implementation of the Plan of the Nation had some positive impact on the business activity of industrial enterprises. The main directions of economic development should be associated with the accelerated development of priority and efficient sectors and the growth of investment in production. The authors of the study present the main macroeconomic indicators of the Republic of Kazakhstan, indicators of economic development in 2016-2020, the dynamics of foreign investment in fixed assets, the volume of foreign direct investment in the Republic of Kazakhstan, and calculate the dependence of the efficiency of the manufacturing industry of Kazakhstan on foreign investment in recent years. In the course of the analysis, it was revealed that the growth of the effective activity of enterprises (profitability) of the manufacturing industry in recent years occurs mainly due to the extensive factor, that is, the attraction of foreign investment in the fixed capital of the country's industry. It is noted that Kazakhstan needs to determine the directions and factors that distinguish it from other countries competing for investment by developing an individual approach to sectors of the economy and industries, concretizing the country's economic development plan depending on the size and scale of attracting foreign direct investment.This article notes that as part of the ongoing work to increase the inflow of investments into the country and create a general favorable investment climate, additional measures are needed to stimulate investment. The authors of the study present the main macroeconomic indicators of the Republic of Kazakhstan, the parameters of economic growth in 2016-2020, the dynamics of foreign investment in fixed capital, the gross inflow of foreign direct investment in the Republic of Kazakhstan by major countries, the dependence of the profitability of the manufacturing industry of Kazakhstan on the gross inflow of foreign direct investment for last years. In the course of the analysis, it was revealed that the growth in the effective activity of enterprises (profitability) of the manufacturing industry occurs mainly due to the extensive factor, that is, the growth in the volume of investments in the fixed capital of the industry, including foreign ones. It is noted that Kazakhstan needs to decide on the main directions and factors that distinguish it from other countries competing for investment. It requires the development of a differentiated approach to target groups, activities and sectors, the development of a new strategy in the field of attracting foreign direct investment with a broader plan for the economic development of the economy of Kazakhstan.