Kazakhstan has become the most attractive country for investment in the Eurasian region

In the developed countries of the European Union, FDI flows increased, mainly driven by Luxembourg and the Netherlands, leading to overall positive growth from negative $150 billion in 2022 to $141 billion. Outside these two countries, inflows to other EU countries decreased by 23%. FDI flows to developing countries fell by 9% to $841 billion, with the situation deteriorating in various regions.

However, despite the global contraction, Kazakhstan continues to show growth in foreign direct investment. In 2022, gross FDI inflows increased by 17.7%, reaching $28 billion, and in the first nine months of 2023, this figure amounted to almost $20 billion. Experts predict that FDI inflows in 2023 will be higher than the annual average.

The largest gross FDI inflows into Kazakhstan came from the Netherlands, the United States of America, Switzerland, Russia and China. Leading countries include South Korea, Belgium, France, Germany and the UK. Within the country, the greatest activity in attracting FDI was demonstrated by Almaty, Atyrau region, East Kazakhstan region, Astana and West Kazakhstan region.

International development institutions confirm the high investment attractiveness of Kazakhstan. The country's share as a recipient of reciprocal FDI in the Eurasian region increased from 21.7% in 2017 to 27.2% in 2023, the highest in the region.

Kazakhstan continues to actively work to attract investment, as evidenced by various initiatives and long-term strategies. The influx of foreign direct investment remains a strategically important element in supporting the country's economic development, stimulating growth and providing a range of benefits to various sectors.