Kazakhstan attracted over $20 billion in investments last year. The country
plans to continue increasing capital inflows into its economy. Measures to
achieve this were discussed by Prime Minister Olzhas Bektenov at a meeting with
experts from the World Bank. He noted that the President is prioritizing the
acceleration of economic diversification and further improvement of the
business climate. He informed representatives of the international financial
institution that Kazakhstan has developed a comprehensive framework for
engagement with investors, ranging from strengthened external investor outreach
to attract capital abroad to improved efficiency in domestic project support,
with safeguards for investors’ rights. In addition, a special «Altyn Visa» has been
introduced to create favorable conditions for business. In turn, participants
of the meeting put forward proposals to increase foreign investment inflows,
taking into account global trends. The discussion focused on introducing
innovations in labor productivity, improving efficiency, and implementing
mechanisms to attract private capital into investment projects. During the
meeting, participants also exchanged views on strategic issues, including the
transition to a high-income economy, infrastructure development,
digitalization, and artificial intelligence.
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