Astana hosts Foreign Investors' Council plenary

Astana hosts Foreign Investors' Council plenary

Kazakhstan aims to maintain its position as Central Asia’s leading destination for foreign investment. The country attracts more than 70% of all foreign capital flowing into the region. President Kassym-Jomart Tokayev made the remarks at the 38th plenary session of the Foreign Investors’ Council. He also highlighted Kazakhstan’s strong economic performance, noting that the economy grew by 6.5% last year and that gross domestic product exceeded $300 billion.

«This economic strength is deeply anchored in our political stability. Through the historic nationwide referendum we passed our new Constitution, which has already been named the People's Constitution. It is very symbolic that we meet today when our major law literally just entered into force. It happened yesterday. New provisions provide the highest level of protection for investors’ rights,» Tokayev said. 

The President noted that Kazakhstan has established a modern institutional environment that is attractive to international business. The country has launched a National Digital Investment Platform operating as a one-stop shop, an Investment Headquarters, and the Altyn Visa program, which offers tax incentives and simplified migration procedures for foreign entrepreneurs. The Head of State also highlighted efforts to develop a modern digital infrastructure. In particular, Kazakhstan has commissioned two supercomputers and plans to establish a Data Center Valley.

«These investments are complemented by our modern regulatory framework for the digital age. Recently adopted by the Parliament, the Digital Code, the Law on Artificial Intelligence, and the Digital Qazaqstan strategy provide a clear roadmap for technological development. This also fosters an environment that supports innovation, attracts investment, and strengthens international cooperation,» Tokayev added.

The Head of State called on foreign investors to consider Kazakhstan a reliable location for projects in priority sectors of the economy.