Transcript Программа форсированного индустриально

State Program of Forced
Industrial-Innovative
Development for 2010-2014
ПФИИР
Astana
22 February 2010
System of state planning
Strategic Development Plan of Kazakhstan untill
2020
State Program of Forced Industrial-Innovation
Development
Regional development
programs
Other state
programs
Sectoral programs
The strategic plans of state bodies
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1. GDP growth by 50% from 2008
2. Labour productivity increase in manufacturing
industry by 50 %, and in separate sectors by 100 %
TARGET
INDICATORS
3. Increased proportion of non-oil and gas exports
by 40%
4. Reduction of energy intensity of GDP no less than
10% from 2008
5. Increase of active enterprises up to 10 % from
number of operating enterprises
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WHAT TO DEVELOP ?
NEW INNOVATIONS
(2010-2014)
PRIORITY DIRECTIONS
•Metallurgy and manufacture of
metal products
•Oil refining and oil and gas
infrastructure
•Chemical and pharmaceutical
industry
Modernization of
Existing
Enterprises
1.
2.
Maintenance of productivity growth
Creating and improving infrastructure (e /
energy, pipelines, roads)
1.
The high level of performance (80-100%
of the world leaders)
High value added
Export-orientation
Competitiveness in the regional market
•Agro-industrial complex
•Defense industry
•Construction industry and
production of construction
materials
•Transport and
infocommunications
•Engineering industry
•Uranium industry
•Light industry
•Tourism
•Space activity
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Creation of new
high-performance
enterprises
Selective support of
enterprises in the
“economic future”
2.
3.
4.
1.
2.
3.
Innovativeness
Improving telecommunications
infrastructure
Influence on productivity increase in
traditional sectors
4
WHERE TO DEVELOP? The scheme of rational distribution of
productive capacities
Map of the balanced development of industries, infrastructure and resource bases
Budgeted balance
sheet of energy
resources (electric
power, oil, gas,
coal)
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Budgeted balance
sheet of the
development of
mineral-raw
material base,
water and land
resources
Budgeted balance
sheet of labor
forces
Plans for the
development of
pipeline, rail, road,
sea and air
transport
infrastructures
Long-term plans
for development
of FEZ, and
industrial zones
5
HOW TO DEVELOP? The new approaches to the basic support
policies
1
Improving the business environment:
need of a "new wave“ of
entrepreneurship
2
Competitive professional personnel
training:
from stability to mobility
5
6
Infrastructure and resource
provision:
Global expansion
7
Technical regulation: creation of
quality infrastructure
Direct investment:
3
Kazakhstan is the best place for
investment in the region
Trade policy: aggressive export,
4
Kazakhstan is a regional broker, an
expert on Asia
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Development of innovation and
promotion of technological
modernization: focus on productivity
Fee policy:
8
medium-term stability, enabling
business planning
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INTEGRATED SUPPORT PROGRAM
Republican level
1
2
Regional level
3
4
Program
Investor 2020
Productivity 2020
Export 2020
Business Road
Map 2020
Basic
Operator
Ministry of Industry and New
Technologies of the Republic of
Kazakhstan
Ministry of Industry and New
Technologies of the Republic of
Kazakhstan
Ministry of Industry and
New Technologies of the
Republic of Kazakhstan
Ministry of Economic
Development and Trade of the
Republic of Kazakhstan, Akims
(local mayors)
Creation of conductive
conditions for attracting
direct investment in non-oil
and gas sectors of the
Increasing productivity of
existing enterprises and
creation of new industries.
Market domestic
products in foreign
markets.
Development of
entrepreneurship in
the regions
Mission
economy.
Target
group
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Investors
Big and medium-sized
enterprises
Big, small and
medium-sized
enterprises
Small and mediumsized enterprises
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INVESTMENT 2020
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Approaches to realization
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FIRST DIRECTION
STIMULATION OF INVESTMENTS
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HIGH COMPETITION for FDI in WORLD MARKET
Competition for
Kazakhstan
Nominal GDP / capita (USD)
Natural Resources /
GDP
1
Labour costs per hour
(USD)
Ведение
бизнеса2
Saudi Arabia
18,488
54.5
Slovakia
17,583
6.5
9.6
36
Estonia
17,301
N/a
11.0
22
Hungary
15,322
2.9
10.9
41
Poland
13,845
5.5
12.0
76
Russia
11,826
12.3
3.8
120
Kazakhstan
8,513
15.0
3.3
70
Bulgaria
6,605
6.4
3.9
45
Azerbaijan
4,824
N/a
1.8
33
Ukraine
3,931
8.9
2.6
145
China
3,258
9.7
2.2
83
Georgia
2,934
N/a
7.3
15
India
1,035
4.2
1.0
122
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1 The estimated contribution of natural resources in GDP, including the extraction of natural resources, electricity, gas, water
2 The World Bank ranked by the degree of ease of doing business
3 Geographical proximity to Kazakhstan
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Geographical proximity 3
Sources:
WMM; EIU World Data;
World Bank, 2008
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INVESTMENT CLIMATE AND OPPORTUNITIES
 Kazakhstan GDP rate is 2 times larger than the economies of other countries in
Central Asia combined
 Kazakhstan has joined the Customs Union with Russia and Belarus, i.e. market with
a population of more than 170 million people. A combined GDP of
2 trillion USD is opening to investors
 Investment climate in Kazakhstan is the most favorable in the CIS
 Kazakhstan has the most liberal tax regime among the countries of the Customs
Union
Type of tax
Corporate income tax
Value added tax
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Republic of
Kazakhstan
Russian Federation
Republic of Belarus
20%
20%
24%
12%
18%
20%
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STATE SUPPORT MEASURES
 Exemption from payment of customs duties on imports of equipment, components
and spare parts, raw materials in accordance with the Law of the Republic of
Kazakhstan "On Investments".
 State natural grants in accordance with the Law of the Republic of Kazakhstan "On
Investments"
 Favorable tax regime and granting of preferences (within the SEZ and individual
Investment agreements)
 Ensuring minimum long-term public order and order of national companies
 Support measures under the Road Map "Business - 2020"
 subsidy assistance of interest rates on loans
 partial loan guarantees
 development of industrial infrastructure
 staffing
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SECOND DIRECTION
INVESTORS SERVICE SUPPORT / ASSISTANCE
IN ATTRACTING INVESTMENT
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WORLD EXPERIENCE
Country, the
name of the
agency (IPA)
Malaysian
Industrial
Development
Authority (MIDA)
Korea, Invest
Korea
Australia,
Austrade
Options
Building
image
Search and
generating investment
Pre-investment
support (maintenance)
of the investor
Information activities on
the investment
opportunities and export
products
Commission
State agency coordinates and
partly controls several
ministries, submits proposals to
the parliament, affects the
regions
Coordinates investment activities,
affects the governors through the
preparation of reports, evaluates
the work of the regions
Coordinates investment activities
in the government and regions,
states investment projects, makes
recommendations to the
Parliament and the Prime minister,
supports all foreign economic
relations
The annual
budget, staff
$ 91 million,
more than
600
employees
$ 234 million
$ 185 million,
1841 staff
The legal form and method of
financing
Public agency, fully funded by
the state, has 19 overseas
offices
Organization, totally funded by the
State
The Ministry of Trade and
Investment, fully funded by the
State, does not receive
commissions from investors, has
110 offices in 60 countries
Currently, investment promotion agencies are successfully operating in more than 160 countries.
IPA is an important mechanism to attract FDI, which acts as a key element in shaping the image of the country as a recipient
of investment, improving investment climate and attracting foreign investors.
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CUSTOMER SUPPORT DIRECTIONS
 For foreign investors:
 For Kazakh business
 Search for Kazakhstani partner
 Search for investor
 Accompany investor
 Organization of meetings with the government
representatives
 Presentation of update information on projects
and the law
 Tools:
 Informational and promotional activities to promote investment
opportunities of Kazakhstan (business forums, road show, printed
materials, news reports in international media)
 Informational and analytical activities (accounting function, database,
research)
 Measures to accompany foreign investors
 National investment interactive web site of the Republic of Kazakhstan
and Investment Atlas of the Republic of Kazakhstan
 Operator for work with foreign investors – «KAZNEX INVEST»
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Approaches to realization
PRODUCTIVITY- 2020
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GUIDELINES AND FACILITATING TOOLS OF
DEVELOPMENT OF LABOUR PRODUCTIVITY
1.Optimization of
productivity and
business processes
The budget programs on financing
of management technologies
introduction, service support
through the design office and
technology parks
2. Accelerating and
cheapening of new
products assimilation
Innovation grants to purchase
technology, conduct research and
development work, service and
financial support through the
design office
3. Cheapening and
accelerating of
development process
of own new products
Innovation grants for conducting
research and development work,
patent, service support through
technology parks, design office
services, tax preferences
4. Information support
Service support through technology
parks, instructional materials “To
assist enterprises”
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Assistance for enterprises
to improve their
effectiveness through cost
reduction
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WORLD EXPERIENCE IN SUPPORTING DEVELOPMENT OF
LABOUR PRODUCTIVITY ACTIVITIES
In Canada there is a policy of development of labour productivity in three key directions:
 Tax subsidies for investment in new equipment – renovation of basic funds is the key driver
 The creation of technology transfer centers for the rapid spread of the best world technologies and
practices in the country
Stimulation of the labor migration to provide rapidly growing regions with skilled workers
In other regions of the country there are grant programs through which companies can apply for
reimbursement of services to 40% of the costs for purchasing services from consulting companies,
which increase labor productivity (industries – IT, agribusiness, biotechnology, manufacturing)
Finland is grant funding of innovation, aimed at qualitative improvement of development of
labor productivity
•
•
Reimbursement of expenses on implementation of researches and developments for enterprises
Promotion of cooperation among the scientific organizations and private sector
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GRANTS
Principle of grants co-financing
Existing types of grants
Grants for project feasibility study
Grant for research and
development work
Grant for technology transfer
New types of grants
Grant for patenting
Share of state : 80%,
Duration: 24 months
Development result : The act of introducing
Terms: Guarantee of own funds (banking, escrow) 20%, a preliminary agreement on
implementation
Share of state : 80%,
Duration: 12 months
Development result: The act of introducing
Terms: Guarantee of own funds (banking, escrow) 20%,
Productivity increase
Duration: 12 months
Development result: patent
Terms: Positive report, payment to patent office
Grant for startup
Share of the state: 90%,
Duration: 12 months
Development result: start-up company
Terms: Presence of innovative ideas
Grant for staff development
Share of the state: 80%,
Duration: 6 months
Development result: new skills in staff, qualification certificates
Terms: Guarantee of own funds (banking, escrow) 20%
Grant to expand product line
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Share of the state: 80%,
Duration: 6 months
Development result: project feasibility study, contracts of intent, memorandum
Terms: Guarantee of own funds (banking, escrow) 20%
Share of the state : 80%,
Duration: 12 months
Development result: new products, services
Terms: Guarantee of own funds (banking, escrow) 20%
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MODEL OF DESIGN OFFICE ACTIVITY
National company/ major
consumer of engineering
products
Goods
nomenclature
JSC «Center for Engineering
and Technology Transfer»
and Design office
Determination of requirements for
engineering products
Acquisition of design-technical documentation
Search for companies to develop new
products
Technical preparation of production
Technical documentation
Engineering services
Machinery enterprise
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Certification of products
Manufacturing of quality products under the
agreement with the National company
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MODEL OF TECHNOLOGY PARK ACTIVITY
Analysis of needs of the innovative
ideas customers
Conducting of the Forum with participation of business and
government representatives
Formation priorities
Search for potentially commercialized
innovative ideas
Competition and selection of applications with involving of expert
committee
Commercial elaboration of innovative
ideas
Business consulting, providing with office, assistance in
patenting
Formation of a pool of prospective projects for industrial output
Providing of additional high-tech
services by technology parks
Services of laboratory and engineering complex
Free for innovators in technology park
Financing of innovative projects and
start-up companies
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Venture financing and attracting of investors
Launching of new products
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Approaches to realization
Export - 2020
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FIRST DIRECTION
SERVICE SUPPORT
OF EXPORT
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SERVICE SUPPORT TOOLS OF EXPORT
About 350 companies are involved in the sphere of Kazakhstan's non-oil and gas products
In which annual stable exporters are 260 companies
Analytical support of exporters
Detailed analysis of structure of countries import on the level of 4 signs CNFEA
(Definition of potential commodity markets)
Positioning of Kazakhstan's concrete products in the market at the level of 10 signs of CN
FEA (Basis for export strategy of the enterprise)
Search of partners and buyers
Trading missions in foreign countries
Meeting «Sellers and Buyers»
Selection of specialized foreign exhibitions
Negotiations with potential buyers
Promote the humanitarian aid in
the market
Composition of a database of purchasers
Estimation of conformity of production to requirements of purchasers
Participation in humanitarian exhibitions
Optimal routes of export deliveries
Calculation of logistics of optimal export routes
Instructions on procedures of customs registration
and preparations invoice documents
Target informing of foreign buyers
Informational aid
worldwide distribution of the annual directory of export production
Presentation of domestic brands in foreign countries
Placing in specialized foreign catalogues
Instructional materials «an aid for exporters»
Countries export guidebook
In 2009 at the allocated budget of $2 millions with assistance of KAZNEX it concluded export contracts for the sum $120,0 millions
(fiberglass pipes, fabricated metals, a fillet of a pike perch, sanitary production, textiles, etc.)
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Second direction
EXPORT GRANTS
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ГРАНТЫ ЭКСПОРТЕРАМ
Size of grants: 50% of confirmed expenses, but not more than established maximum limits of the
applicants
Product registration
abroad, expenses connected with
Compensation of expenses
registration procedures
Product certification abroad, expenses
connected with certification procedures
Opening of the foreign
representations, trading
Points, expenses under the office maintenance
Participation in the specialized
exhibitions, expenses on rent of the area,
Registration payment
Expenses for registration of MP in Uzbekistan is $16 thousands./ per 1 unit of
drug. JCS Chimfarm registrated 50 drugs (Pentalgin, Analgin, Tsitramon,
Ascorbic acid and others.). Value of export – $4,945 ml.
JCS JV Belkamit – receiving of certificates ASME (США),
NB – $23,6 thousands, Value of export – $2,0 ml. (Vessels, capacities, metal
structures)
АО СП “БЕЛКАМИТ”
Машиностроительный завод
BYELKAMIT JSC JV
Machinery building plant
LLP Tekstiline – opening representative Switzerland $30,5 thousand.
Value of export – $2,0 mln. (ready sportwear).
JSC «Aktyubrentgen» - Participation in an exhibition Public health services
– 2009, Moscow city - $20,2 thousands. Value of export -$1,256 ml.
(X-ray devices).
J O IN T
Goods promotion abroad,
branding, goods advertising
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Examples:
S T O C K
C O M
P A N Y
JCS Rakhat – realization of PR-campaigns, Expenses for working out
and Design of packing (for entering in China market) – $27,7 thousands, Value of
export – $4,209 ml. (candies, chocolate)
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MECHANISMS OF GRANT PROVISION
Ministry of Industry and New Technologies of the Republic of Kazakhstan – PROGRAM
ADMINISTRATOR
JSC «KAZNEX» Program operator
1. The announcement of competition in massmedia
2. Reception of requests and expertise of
documents
3. Preparation of the conclusion for the Commission
4. Signing contracts with exporter
I. Request
II. Compensational
contract
Exporter of non-oil and gas economy
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I. Conclusion
II. Sollution
IEC via grants (MINT, MF, MEDT, MA, deputies
of government, NDP «NurOtan», Nongovernmental organization «Forum
industrialists», TIC, NEC «Атамекен»)
1. Consideration of the conclusions
2. Decision-making
Challenge:
To provide transparency mechanism
Granting of export grants
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THIRD DIRECTION
TRADE FINANCING, INSURANCE AND CREDITING
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ОGENERAL CONDITIONS OF FINANCIAL SUPPORT
Funding stream: trade
Amount of financial backing:
- JSC “Kazakhstan Export Credit Insurance Corporation” up to $ 1 ml.
Terms: from 12 till 18 months
Interest rate : CIRR (2,38%) rate + rate of insurance (1,5%)+ rate of the bank (3%) =6,88%
• Potential participants of the program:
existing and newly established export-oriented enterprises, priority - SMEs.
• 10 pilot projects will be implemented in 2010
________________________________________________________________
Funding stream: preexport
•
•
•
Amount of financial baking:
- JSC “Entrepreneurship Development Fund “DAMU” up to $ 1 ml.;
- JSC “Development Bank of Kazakhstan” over $ 1 ml.
Interest rate: rate (7%) + rate of the bank (до 3%)+ remuneration of operator (up to 2%) =
12%
5 pilot projects will be implemented in 2010
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MECHANISM FOR FINANCING EXPORTERS
COMMERCIAL FINANCING AND RECURRENCE SCHEME FOR OBTAINING CREDIT
Exporter
(apply to the bank with
shipping documents)
1. Export contract with delay in
payment
3. Delivery
Importer
5. Payment on shipping
documents
4. Insurance 1,5% year.
JSC
“Kazakhstan
Export Credit
Insurance
Corporation”
4. CIRR tied deposit = 2,38%
year.
Margin of the bank 3% year.
Bank of
exporter
2. Letter of credit
Bank of
importer
Cost for Bank of importer = 1,5%(insurance)+2,38%(CIRR)+3%(margin of bank of exporter) = 6.88%
Advantages:
1. unsecured lending
2. 2-fold reduction in lending rates
3. Receipt of export earnings immediately in connection with shipment of goods
4. Stimulating demand of foreign buyers
5. JSC “Kazakhstan Export Credit Insurance Corporation” will be reorganized in Export and Credit Agency
from January 1, 2012
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WORK ON PROJECTS: TOOLS OF ACCOUNTING AND MONITORING
OF PROJECTS
Business initiative
Accounting
system
Implementation
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Selection of projects
Export-orientation;
Manufacture products with high added value ;
High productivity of labour;
Reduction of energy consumption ;
Development of Kazakhstani content;
Development and implementation of innovations and advanced technologies .
Map of
Industrialization
Constantly updated list of priority investment projects with elements
of monitoring, management and identifying the necessary point
measures of state support.
Republican
Management Center
Mobilization of labour and financial recourses;
Personal control of timely implementation of investment projects put
into operation this year.
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STRUCTURE OF PROJECTS DATABASE
Budget infrastructure
projects
Private initiative
Projects of national
holdings
Projects with direct foreign
investment
Database of investment projects 324 projects
Kazakhstan’s Map of Industrialization - 162 projects
Regional Map
65 projects
Republican map
97 projects
Attractive projects – 162 projects
Meaning
Amount of the
projects
Amount of
Private means, Loan proceeds,
investment,
mln. tenge
mln. tenge
mln. tenge
6 397 999
793 501
5 604 499
Jobs
Republican Map
97
Regional Map
65
119 711
49 850
69 861
10 223
General total
162
6 517 710
843 350
5 674 360
74 583
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64 360
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Main page of the Base Map of Industrialization. It reflects the summary on investment projects of the Republic of
Kazakhstan – dynamics of projects introduction per year, key indicators of projects’ realization, deployment of
projects in Kazakhstan
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EVOLUTIONARY DEVELOPMENT OF ECONOMY
Contribution to productivity growth
Preparatory
period
3 stage. Formation of the base of
«future economy»
Aerospace, Biotechnology, IT, Alternative Energy
Preparatory
period
2 stage. Creation of new economy
(high-production of works)
Start of the construction of new ventures with world leading companies
participation in the niches identified by the master - plans. Stimulus
measures( FEZ development, an increase in non-oil and gas export,
foreign investors) has been elaborated.
Preparatory
period
Ensure put in operation of building and planned to construct republican and regional
investment projects
Industry and regional development programs has been developed and approved.
Laws on industrial policy, FEZ, etc. have been developed.
2009
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1 stage. Modernization of base economy
(increase of depth of raw materials processing)
2010
2011
2012
2013
2014
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Approaches to realization
ROAD MAP - 2020
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General scheme of realization
 Aim of the program is the creation of permanent job for account of
entrepreneurship development in the regions
 Ministry of Economic Development and Trade of the Republic of Kazakhstan
allocates general limits of financial packing for each region
– Limits defines on the basis of : 1) share of the region in population size; 2) share of
the region in output of SME products.
 Local executive bodies allocate general limits on directions of program realization
on its own authority (with the approval of Ministry of Economic Development
and Trade)
–
–
–
–
–
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subsidization of interest rates on loans
partial loan guarantees
development of industrial infrastructure
service support to conduct of business
training, youth practices and social jobs (component will be introduced in 2011)
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Basic principals of the program
 Decision on projects funding is made by the financial
organizations
 Regional Coordinating Council makes a decision only on
the possibility of subsidies and guarantees
 The entrepreneur can be provided with integrated
support within all tools of the program
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