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Kazakhstan records FDI increase

Kazakhstan Materials 22 December 2022 13:59 (UTC +04:00)
Kazakhstan records FDI increase
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, December 22. Kazakhstan received $14.5 billion worth of foreign direct investments (FDIs) during 6M2022, a 28 percent increase compared to the first half of 2021, Almas Aidarov, Deputy Foreign Affairs Minister of Kazakhstan, said, Trend reports, citing Kazakh media.

“Despite geopolitical circumstances, investors retained a positive attitude toward our country. By the end of the calendar year, we hope to attract the earlier planned $24 billion,” Aidarov noted.

The deputy minister also stated that the government intends to attract $150 billion worth of FDIs in the next 7 years.

Last year, Kazakhstan was able to return to the pre-pandemic FDI level by attracting $23.7 billion of investments.

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