Kazakhstan improves market dominance indicator by 5 positions in Global Competitiveness Report-ACP

Kazakhstan has improved its market dominance. It has advanced to 78th place in the Global Competitiveness Report from 83rd. Originally posted to BNews.kz on 05.02.2013:

http://www.bnews.kz/en/news/post/185240/

Kazakhstan improved market dominance indicator by five positions in Global Competitiveness Report, the Chairman of the Agency of the Republic of Kazakhstan for competition protection G.Orazbakov told during the enlarged panel session of the Agency under the chairmanship of the Deputy Prime Minister B.Sultanov.

“The international cooperation has been optimized. Kazakhstan improved market dominance indicator by five positions from 83 to 78 place in Global Competitiveness Report. However, the indicator on intensity of local competition fell by seven positions,” Galim Orazbakov noted.

In order to improve the position of the indicator “intensity of local competition” it is decided to improve procedures for determining the development of competition, which involves consideration of two indicators – the “intensity of the regional competition” and the level of monopolization of key sectors of the economy” at a meeting of the Government in January this year, official website of Strategy 2050 reported.

“However, in 2013 the Government supported the initiative of the ACP to develop the Common Procurement Law, which will be mandatory for all types of procurement, except for the state. This is due to the fact that in the procurement system of Kazakhstan there is fragmentation and lack of a unified approach,” G.Orazbakov told.