Kazakhstan Investment Leader in Central Asia

cover Photo: Pixabay, illustrative purposes

In 2024, our country attracted $15.7 billion in new projects, becoming the leader in investments in North and Central Asia, Orda.kz reports, citing the Kazakh Invest press service.

The corresponding report was published by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).

According to the results of 2024, the growth of investments in our country reached 88% compared to last year.

Kazakhstan accounts for 63% of all investments attracted in the region.

Next on the list are:

  • Uzbekistan - $4 billion (-49%)
  • Kyrgyzstan - $2.1 billion (+310%)
  • Azerbaijan - $1.2 billion (+1%)
  • Turkmenistan - $339 million
  • Georgia - $126 million
  • Armenia - 67 million dollars.

Digitalization, technological innovation, and green energy projects enjoy particular support and interest from international companies.

In this context, the proactive work of investment agencies and relevant ministries is especially important. The success of new directions depends not only on the creation of favorable policies, but also on the support of investors at all stages, including post-investment support, the report says.

It is also noted that in the outgoing year, Kazakhstan strengthened its position as a key investment hub in the region.

Two significant events were held in the republic - the Foreign Investors Council and the Kazakhstan Round Table on Global Investments.

Original Author: Raushan Korzhumbekova

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