Kazakhstan Targets $150 Billion in Foreign Investment by 2029
Photo: Press Service of RK Government
This was stated by the Prime Minister of Kazakhstan, Olzhas Bektenov, during his speech at the International Investment Forum in Tashkent, Orda.kz reports, citing the press service of the Government of the Republic of Kazakhstan.
The IV International Investment Forum — TIIF 2025 — is currently taking place in the capital of Uzbekistan, with the participation of heads of state and government from several countries. This year, the event gathered over 8,000 participants.
Kazakhstan aims to ensure an inflow of foreign capital into the economy in the amount of at least 150 billion dollars by 2029. The tasks are large-scale and ambitious, but from our point of view, achievable. To this end, large-scale reforms aimed at structural transformations of the national economy are being consistently carried out,
Bektenov stated in his remarks.
During the forum, the Prime Minister also met with the President of Uzbekistan, Shavkat Mirziyoyev. The two leaders discussed cooperation in trade, transport, industry, water, energy, and other sectors.
Uzbekistan remains one of Kazakhstan’s key trading partners. In the first four months of this year, trade turnover between the two countries reached $1.3 billion, marking a 9.4% increase compared to the same period last year.
Exports from Kazakhstan rose by nearly 16%, totaling $1 billion.
Original Author: Raushan Korzhumbekova
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