Agro-industrial complex considered one of investment-attractive sectors of Kazakhstan’s economy

08.09.2022, 18:11

The agro-industrial complex is the most investment-attractive sector. According to experts, this industry comprises a third of the investment inflow recorded in the first quarter. Overall, the total foreign direct investment in Kazakhstan over this period has amounted to almost US$7 billion. As such, it increased by 54 percent compared to the same period in 2021. The Kazakh Invest company presented the complete investment situation of the country to date.

“This year, a unified investment pool of projects was created on the instruction of the Head of State, including 797 projects worth over 30 trillion tenge. These are projects in petrochemical industry, food processing, food industry, agriculture, tourism, as well as projects in logistics, transportation and others. So, it covers all priority sectors. The investment pool is updated and supplemented with new projects every quarter,” noted Meirzhan Yussupov, Chairperson of the Kazakh Invest.

According to the company’s data, the unified investment pool of projects involves over 35 countries. The Netherlands with US$2 billion ranks first among the top investing countries in Kazakhstan. It is followed by the U.S., Switzerland, Russia, China, South Korea, Belgium, UK, France and Turkey.