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News & events > Rise in creative industries in Kazakhstan

posted on

23 Oct 2024

Rise in creative industries in Kazakhstan

As reported in the Astana Times, the number of creative industry entities increased by 15% following tax breaks, according to the Ministry of Culture and Information.

The ministry anticipates further growth in the creative sector and has developed a draft law to support and develop creative industries. The Mazhilis, a lower house of the Kazakh Parliament, is currently considering this law. To encourage more creative industry representatives to step out of the shadow economy and stimulate overall industry growth, the government has worked to reduce the tax burden on these entities.

According to Minister Balayeva, this law ‘provides for legislative changes related to intellectual property, additional sites in cultural facilities for the formation of creative communities, educational training programmes, tax preferences to representatives of creative industries, which will give a powerful impetus to the development of this industry.’

These are part of the country’s cultural policy strategy 2021–2025 to develop the creative industries in order to generate employment in technological and venture entrepreneurship with a focus on the younger generation.

Currently, 134,207 Kazakh residents are employed in the creative industries, which is expected to double by 2029.

Read more here

Image: Pixabay


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