Kazakhstan has become the leading destination for
investments in North and Central Asia, attracting nearly $16 billion from
foreign businesses in 2024. This information was highlighted in a report on
regional investments published by the UN Economic and Social Commission for
Asia and the Pacific (ESCAP). The report highlights an 88 percent increase in
Kazakhstan’s capital inflow compared to 2023, accounting for 63 percent of all
investments in the region. Following Kazakhstan, the rankings include Uzbekistan,
the Kyrgyz Republic, Azerbaijan, Turkmenistan, Georgia, and Armenia. Analysts
suggest that the investment climate in the region reflects the desire of
international companies to diversify their strategies and support projects in
key areas such as green energy, digitalization, and technological innovation.
Experts also emphasize that Kazakhstan continues to attract major foreign
investors, positioning itself as a platform for sustainable growth and new
opportunities.
«This year, large investors from Qatar have joined us with
an impressive portfolio of projects. The first focuses on developing the
agro-industrial complex through the deep processing of our domestic grain to
produce various goods from the raw materials. The second is a billion-dollar project
to construct a gas processing plant in our country, which is expected to be
completed by the end of next year or early 2026,» said Gabidulla Ospankulov,
Chairman of the Investment Committee at the Kazakh Foreign Ministry.
This year, the country has expanded its transport and
logistics network through various agreements with several countries. In
February, the Head of State inaugurated a transport and logistics terminal in
Xi’an, which connects Shaanxi province with Kazakhstan, Central Asia, and
Europe. By summer, container trains and cargo trucks began operating on the
Trans-Caspian International Transport Route. Additionally, Kazakhstan and
Uzbekistan reached an agreement to foster their transport and transit
capabilities and develop the Trans-Afghan route. International financial
institutions are showing interest in funding infrastructure projects in
Kazakhstan. The World Bank will allocate $650 million to develop the «Middle
Corridor», which includes repairs to the Zhezkazgan-Karagandy highway.
Furthermore, the Asian Development Bank is set to provide over $300 million for
the construction of the Kyzylorda-Zhezkazgan highway.
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