To simplify the process of allocating land for business, special areas designated for industrial zones have already been identified in each region of the country.
Seitiov also emphasized that tax policy plays a significant role in creating a comfortable investment environment. He mentioned that it is flexible and adaptive, and the ministry actively supports initiatives coming from the business community, deputies, and industry associations. An interdepartmental group is currently being formed to work on changes to the Tax Code.
Additionally, the authorities are taking measures to eliminate administrative barriers, including debureaucratization and reducing regulatory pressure on businesses and the population.
Photo on the main page: Paul Yeung / Bloomberg.
