ALMATY, Feb 8 (NNN-KNA) – Kazakhstan finalised more than 100 investment agreements amounting to nearly three trillion tenge (about 5.8 billion U.S. dollars) last year, Kazakh First Deputy Prime Minister, Roman Sklyar, said, at an investment forum yesterday.
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, totalling over two billion U.S. dollars, have been approved for this year.
Notable investors include Qatar, which plans to invest 18 billion U.S. dollars, 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.– NNN-KNA
