International Home Textile Magazine April 2019

37
Kazakhstani market is one of the countries that Turkel Fair
considers most important in terms of decoration and home
textiles. As in every year, we are waiting for the companies
and visitors related to the sector to our fair be held in
Almaty in 2019.’’
Kazakhstan is the fastest growing economy in the CIS region
with the annual growth rate around 5-6%. It has very little
production industry which makes the country dependent
upon the imports only. However, wise decisions are being
taken each year to boost the general industry in Kazakhstan.
In 2010 Kazakhstan joined the Belarus-Kazakhstan-Russia
Customs Union in an effort to boost foreign investment and
improve trade relationships.
Kazakhstan has very important petroleum reserves, uranium
mines, and one of the biggest grain producers in the
world. The Kazakh government`s wise approach and shortterm
development program to make Kazakhstan one of the
50 important economies of the world by the year 2030.
Kazakhstan government has 40 billion USD worth reserves
to ensure a steady economy. New hotels, residences, offices,
shopping malls, food and beverage facilities are being
built every year to cater the needs of the international companies,
the local community, and the tourists who come to
enjoy the beautiful nature of Kazakhstan enabling activities
like skiing, hunting, and many other attractions.