Kazakhstan Secures $5.8 Billion in Investments
Kazakhstan signed over 100 investment contracts worth nearly three trillion tenge ($5.8 billion) in 2024, First Deputy Prime Minister Roman Sklyar announced on Feb. 7. The country remains Central Asia’s top FDI destination, aiming to attract $150 billion by 2029.
Investment agreements totaled $2.5 billion last year, with an additional $2 billion approved in early 2025. Qatar leads with $18 billion in planned investments, alongside Germany, China, South Korea, and the U.S. Key sectors include mineral extraction, logistics, manufacturing, and agriculture.
New projects include KIA and Skoda plants in Kostanai, a CLAAS agricultural machinery assembly in Petropavl, and railway locomotive production by a French company.
Photo credit: Reuters
30
