Internet Platform Provides Information for Entrepreneurs, Investors in Kazakhstan

The Atameken Centre for Monitoring and Market Expertise recently launched a Business Register, an online business platform listing local entrepreneurs and foreign investors.

Photo credit: kazpravda.kz

Photo credit: kazpravda.kz

According to the head of Atameken, Nariman Tulegenov, the website – located at www.businessreestr.kz – is designed to work in the business-to-business format and contains information about all entrepreneurs who legally operate in Kazakhstan, including contact information, spheres of activities and their legal status. In addition, each business person will be listed in the special registry of the platform.

The entrepreneurs can also place some information about themselves, which will be available to all users of the website. Another section will include reviews about the chosen entrepreneur, his goods and the service quality his company is providing, as well as procurement plans on goods, works and services of all public bodies and organisations, the Samruk Kazyna Sovereign Wealth Fund subsidiaries and mining companies. Registered business people will also automatically receive a notification about the beginning of the procurement process of goods, works and services, which correspond to their interest.

“Our task is to attract more entrepreneurs to provide information about their products and services. It can make business more convenient and transparent, so that both buyers and sellers can profit from that,” said Tulegenov.

There is also a separate section in the business registry, which provides information on domestic producers, their production and technologies. In other words, potential customers, both domestic and foreign, get easy and quick access to the necessary information about Kazakh producers and their products.

All the information available on the web site will be translated into the English, Chinese, Persian and Arabic languages. It is planned to integrate the business platform into the largest internet websites in the future.

Furthermore, the Atameken company plans to assist in the organisation of the export of Kazakh goods included in the register.

“For example, an entrepreneur has 1,000 heads of cattle. He wants to export meat, which means he has to freeze it, organise transportation, find translators and most importantly, foreign buyers of the goods. We can help with all of these issues, including transport and customs logistics, certificates and permits. We find customers, help send consignments, which we also certify, so that later producers are able to work without our support,” concluded Tulegenov.