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Kazakhstan strikes investment deals about 5.8 bln USD in 2024

0 Comment(s)Print E-mail Xinhua, February 8, 2025
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ALMATY, Feb. 7 (Xinhua) -- Kazakhstan finalized more than 100 investment agreements amounting to nearly three trillion tenge (about 5.8 billion U.S. dollars) in 2024, Kazakh First Deputy Prime Minister Roman Sklyar said at an investment forum on Friday, the country's Kazinform news agency reported.

Kazakhstan is among the top 50 countries globally for foreign direct investment (FDI) and attracts over 60 percent of all investments in Central Asia, Sklyar said. The government's goal is to grow the national economy to 450 billion U.S. dollars by 2029, with plans to secure at least 150 billion U.S. dollars in FDI through its investment policy.

Last year, seven investment agreements worth 2.5 billion U.S. dollars were signed, and six more agreements, totaling over 2 billion U.S. dollars, have been approved for 2025.

Notable investors include Qatar, which plans to invest 18 billion U.S. dollars in Kazakhstan, along with Germany, China, South Korea, the United States, Russia, Belgium, and other European nations.

The mining and rare earth metals sectors continue to be popular investment areas. The processing industry is also attracting significant interest. Enditem

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