The net inflow of foreign
investment to Kazakhstan exceeded more than $6 billion in 2022. The positive
trend has continued this year, according to the National Bank of Kazakhstan. In
the first quarter of 2023, a total of $2.5 billion was invested in projects,
which is nearly twice as much as compared to the same period in 2022. As noted
by experts, the gross capital inflows also showed growth and reached over $7.5
billion in the first quarter alone mainly due to additional investments of
international companies in oil production, trade and the financial sector of
Kazakhstan. Besides, the country received inflows following the growth of
investments in the manufacturing industry and wholesale trade. Investments were
made in the sphere of electricity supply as well. The most foreign investments were
directed to the Atyrau region and Almaty city earlier this year. The
Netherlands, the U.S. and Switzerland remain the leaders in terms of financial
injections to Kazakhstan.
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