Investment policy in the tourism sector of Kazakhstan

Authors

  • A.D. Nasyrkhanov
  • B.M. Iskakov

DOI:

https://doi.org/10.31489/2020ec3/85-91

Keywords:

tourism industry, travel business, tourism infrastructure, travel agency, transnationalization, state investment policy

Abstract

Object:The object of the study is to develop a set of methodological, scientific and practical recommendations on  ensuring the investment attractiveness of the tourism sector in Kazakhstan.
Methods:Methods of economic and comparative analysis, classification were used in this article, economic and  statistical methods were used to process information.
Results:The results of the study confirm the effectiveness of tourism development in the context of globalization.  The Republic of Kazakhstan is an attractive country for investing not only in raw materials production, but also in the  service sector. Over the years of independence, the economy of Kazakhstan has risen significantly, the well-being of the  people has increased, and the quality oflife has noticeably improved. Kazakhstanis began to pay more attention to the  quality of leisure. Thus, the tourism industry has been singledout as a separate promising cluster of the republic, because Kazakhstan has the potential to develop this cluster.
Conclusions:The article discusses the problems and prospects of the development of investment policy in the tourism industry. The authors identified the main directions of state participation in the investment process, aimed at the  development of the tourism sector. The authors analysed scientific approaches to certain problems of the development  and functioning of the tourism industry. Conclusions are drawn on the possibility of applying foreign experience in the  tourism industry of Kazakhstan.

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Published

2020-09-30

Issue

Section

ECONOMY