The professional criticized the work to guard buyers

President of the Kazakhstan Car Union Anar Makasheva spoke concerning the funding coverage of the ministry, Liter.kz stories..

The event of business, together with the automotive business, straight will depend on the situations of the nation’s funding local weather, since investments play a key function in stimulating and modernizing the manufacturing sector. A constructive funding local weather, in flip, creates situations for attracting each home and international buyers.

The state of the funding local weather will depend on a number of key components, resembling secure industrial and financial insurance policies, compliance with laws and the rule of regulation, in addition to measures to stimulate industrial growth and defend the home market.

As we speak in Kazakhstan, due to strategic reforms and secure financial insurance policies, a positive funding local weather has been created within the automotive business. Presently, there are eight producers of vehicles and industrial gear working in Kazakhstan.

The automotive business makes a big contribution to the socio-economic growth of the nation; specifically, the auto business has proven a threefold enhance in jobs in six years. Greater than six thousand engineers are employed within the business and are increasing their competencies. Manufacturing progress in 2023 was 30%.

Presently, the nation is constructing two new car manufacturing crops, in addition to various factories for the manufacturing of automotive elements. On account of the implementation of the initiatives, it’s deliberate to create a further 7.3 thousand jobs within the automotive business. The whole quantity of investments in ongoing initiatives is greater than 760 billion tenge.

Nonetheless, regardless of the constructive prospects, there are some boundaries that hinder the complete growth of funding and business.

Specifically, the presence of “grey” import of autos that don’t meet security necessities, together with with out precise verification of compliance with the necessities of the technical laws of the EAEU. Details of autos coming into the market that don’t meet environmental necessities and felony autos utilizing solid paperwork are revealed.

Potential buyers are confronted with manipulation by varied teams that mislead the general public by disseminating false data, disinformation and requests for commerce secret information with the intention of additional distorting them, thereby creating critical obstacles to the event of home business and significantly decreasing curiosity in funding into the automotive business.

For instance, on April 2, 2024, the Supreme Courtroom of the Republic of Kazakhstan thought of the cassation enchantment of the Union of Impartial Automotive Enterprise of Kazakhstan concerning a request for the supply of knowledge representing a commerce secret for automakers, together with throughout the framework of licensing agreements with model holders. Nonetheless, the courtroom upheld the criticism and ordered the ministry to offer a reasoned response to the Union on the deserves of the enchantment.

Thus, the norms of the present laws on the safety of data constituting a commerce secret don’t work correctly. These choices trigger concern on the a part of present and potential buyers. Negotiations on a few of them have been suspended.

As well as, in accordance with the concluded agreements on industrial meeting, the Ministry is obliged to adjust to confidentiality situations, and with out acquiring the written consent of the producer, it’s not entitled to reveal data concerning the content material of the agreements or different data thought of confidential.

Such instances not solely negatively have an effect on the funding local weather, but in addition create a destabilizing impact on the nation’s economic system. To make sure sustainable growth of the business, it’s essential to take measures to fight manipulation and disinformation, in addition to enhance academic work, enhance laws and management the legality of the import and operation of automobiles. That is the one technique to create favorable situations for attracting funding, guarantee the expansion of home car manufacturing and promote the socio-economic growth of the nation, says Anar Makasheva.