Kazakhstan attracted over $20 billion in foreign direct
investment last year. The country has strengthened its position as a key
investment hub in Central Asia. It accounts for up to 70% of all investment
flows into the region. The prospects for the growth of the country’s export and
business potential were discussed at the Spring Meeting of the Berne Union, an
international association of export credit and investment insurers, which has
begun in Astana. Around 240 delegates from more than 70 countries gathered in the Kazakh capital. Prime Minister Olzhas Bektenov briefed
participants on measures being taken to improve the business climate and
implement strategic investment projects. Experts, in turn, emphasized that
Kazakhstan’s financial instruments could be integrated into the global export
financing system. This is an important step toward achieving goals. Under the
Trade Policy Concept through 2030, Kazakhstan aims to increase non-resource exports to $52 billion.
«Kazakhstan, it’s a lot of potentiality. KazakhExport
is a critical partner for every one of our members to make the investment
possible for this country. So, I think that through KazakhExport and Baiterek
make the financing to Kazakhstan possible. Critical minerals and natural
resources are a really critical theme for everyone. Kazakhstan is a really
important country for global nuclear industry,» noted Yuichiro Akita, President of the Berne
Union.
Investors are focusing on the extraction and processing of rare earth metals, energy, including nuclear energy, and digital technologies. Experts believe that these are the areas where Kazakhstan holds a strong regional position. According to assessments by the Organisation for Economic Co-operation and Development (OECD), the country maintains a moderate level of investment risk, which helps sustain the interest of foreign partners.
«KazakhExport has been
the front-runner from this region to participate on the discussion and to learn
from each other. I see that there is a growing interest from our members to be
involved in Kazakhstan as from the point of the buyer’s perspective, and
that’s why it’s extremely important
for Kazakhstan to comply with the international regulations. And I can only say
that in the area of export credit, this is being done,» said Silvia Gavornikova, Head of Export Credits and
Competition Division, OECD.
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