Kazakhstan Investment Leader in Central Asia
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
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana
