Economic sciences / 12. Rural economics

Senior teacher Kabdrakhmetov N. S.

Kostanaysky State University of a name of A. Baytursynov, Kazakhstan

The economic mechanism of stimulation of investment projects in agrarian and industrial complex

Proceeding from feature of development of the modern world, in connection with deficiency of the food and rise in prices for food, before our republic there was a problem of increase of competitiveness of agro-industrial complex for expansion of an export potential of the country.

Now the government of the Republic of Kazakhstan actively enables the realization of regional investment projects of the agro-industrial sector focused on creation of export production. It is necessary to notice that agro-industrial complex, ensuring food safety of the country, deserves special attention as branch with the greatest share in gross domestic product from branches of real sector and with the greatest number taken in economy.

For further development of agrarian and industrial complex of action of the government will be focused on the solution of two key tasks which most are particularly acute today for Kazakhstan. First, relevance of ensuring food security in the conditions of global financial crisis especially amplifies. Secondly - development of export-oriented productions and export diversification where the main attention is concentrated on implementation of investment projects on development of an export potential which include deep processing of grain and fruit and vegetable production; financing of construction of large-scale dairy and commodity farms; construction of poultry farms of the meat direction; organization of a network of hothouse farms and financing of construction of vegetable storehouses. [1]

For development of new technology and withdrawal from a raw orientation of economy the state carried out tax privileges to a domestic production and domestic science. The research works promoting development of the Kazakhstan production are exempted from the VAT. [2] ]

For stimulation of work of agricultural enterprises the policy of state regulation and support is pursued. The foreign trade regulation, stimulation of an internal consumer demand, the state order, increase of competitiveness of import-substituting production belong to instruments of state regulation of internal demand for import-substituting production and an exportooriyentation.

The tax privileges applied in the relation actively and really carried out import-substituting processes in agrarian sector, investment and crediting of import-substituting projects of branch allow to achieve the valid results and accelerate process of partial replacement of import from domestic market. Need for the state support, besides existence of a powerful source of raw materials, is caused also by presence of serious scientific development in the field of improvement of quality and competitiveness of used raw materials and products.

One of the main directions of attraction of investments into new knowledge-intensive and hi-tech productions is stimulation of updating of the outdated fixed assets provided by the legislation of the Republic of Kazakhstan on the state support of investments. Stimulation of updating of fixed assets is made by providing investment tax preferences in the form of the right for additional deductions from a cumulative revenue of taxpayers, and also their release from property tax payment on again entered fixed assets and a land tax on the sites acquired and used for implementation of the specific investment or innovative project.

Introduction in action of the new Tax Code considerably lowered rates on KPN: to 20% in 2010, 17,5% in 2011 and to 15% in 2012. For stimulation of effective use of the agricultural areas the ascending scale of rates of a uniform land tax from 0,1 to 0,5% depending on the area of the land plots is entered. Other modes for producers of agricultural production are thus kept: reduction of taxes by 70% for legal entities - agricultural producers, reduction by 70% of the VAT for processors of agricultural products. [3]

Therefore, stimulating factor of investment activity are the tax preferences, the accelerated depreciation, state regulation and support by subsidizing, stimulations of an internal consumer demand, the state order, etc.

Thus, measures undertaken by the government of Kazakhstan allow to create necessary conditions for development of effective competitive agro-industrial production, expansion of export opportunities and increase of a standard of living and welfare of country people. Growth of agrarian production will be provided by increase in outputs and sales in the internal and external markets of competitive production.

Literature:

1. Jean Cojamcoulov//Modern times for agrarian and industrial complex, № 351 (16737), of 14.06.2009, Astana.

2. Tax privileges in a domestic production and domestic science//Economy and the right of Kazakhstan, 2004, № 15, page 7-8.

3. Methodical grant on an explanation of basic provisions of the Message of the President of RK N. A. Nazarbayev to the people of Kazakhstan "Through crisis to updating and development" from 06.03.2009, page 113.