Kazakhstan attracts foreign investments worth US$11.1 billion during first half of 2021

The amount of foreign direct investment attracted by Kazakhstan in the first six months of this year totaled at more than US$11 billion. Last year, over the same period, the country attracted 30.4 percent less of foreign investments - approximately 8.5 billion in US currency. According to experts, the mining industry has become one of the main drivers of investment activity growth in the country.

“In terms of countries, the majority of all attracted investments come from the Netherlands. Over the first half of this year its share comprised 29.6 percent, followed by the US - 18.8 percent. Next come Switzerland, Russia and the United Kingdom. In terms of industries, the mining industry is in the lead, its share is about 50 percent. The manufacturing industry is in the second place, about 19 percent. In the context of the regions, direct foreign investments flow into Atyrau region, the city of Almaty. The top five also includes East Kazakhstan, West Kazakhstan and Pavlodar regions,” said Yerlan Zeineshev, Deputy Chairperson, Investments Committee, Kazakh Foreign Ministry.

In general, over the years of independence, more than US$670 billion have been attracted to the country. Kazakhstan currently develops the Concept of a new investment policy until 2025.

Translation by Galiya Khassenkhanova