Foreign Direct Investments to Kazakhstan Reach Record High in 10 Years 01 Apr

Foreign Direct Investments to Kazakhstan Reach Record High in 10 Years 01 Apr

The Ministry of Foreign Affairs of Kazakhstan continues to work on fulfilling President Kassym-Jomart Tokayev's instructions to attract at least 150 billion US dollars of foreign investment over the next 7 years.

By the end of 2022, the gross foreign direct investment inflow to Kazakhstan reached 28 billion US dollars with a 17.7% increase from 2021 (23.8 billion dollars). The figure was a record in the last 10 years (28.9 billion dollars in 2012).

By countries, the Netherlands invested the most – 8.3 billion dollars, the USА – 5.1 billion dollars, Switzerland – 2.8 billion dollars, Belgium – 1.6 billion dollars, Russia – 1.5 billion dollars, South Korea – 1.5 billion dollars, China – 1.4 billion dollars, France – 770 million dollars, the United Kingdom – 661 million dollars, Germany – 469.5 million dollars.

By sectors, the largest inflows were in mining – 12.1 billion dollars (a 25% increase), manufacturing – 5.6 billion dollars (+2.7%), wholesale and retail trade – 5.1 billion dollars (+36%), professional, scientific, and technical activities – 1.2 billion dollars (2.2 times increase), transport and warehousing – 1.2 billion dollars (+13.5%).

By region, Atyrau region had the highest level of investment with 8.3 billion dollars (48.3% increase), Almaty – 7.6 billion dollars (+10.9%), Astana – 2.2 billion dollars (+107.2%), East Kazakhstan region – 2.2 billion dollars (+3.1%), Aktobe region – 1.2 billion dollars (11.2% down).