(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 4. Kazakhstan
attracted a record flow of $28 billion in foreign direct investment
(FDI) last year, marking the highest level in the last decade,
Almas Aidarov, Deputy Foreign Minister of Kazakhstan said at the
Investment Board meeting, trend reports.
According to him, the FDI inflow facilitated the
implementation of 199 investment projects across critical sectors
worth 2.3 trillion Kazakh tenge ($5.1 billion). Looking ahead, the
government plans to launch an additional 281 projects in 2023, with
an estimated value of 1.9 trillion Kazakh tenge ($4.2 billion).
Furthermore, it was noted during the meeting that the
list of top ten investing countries in the previous year comprised
the Netherlands, the US, Switzerland, Belgium, Russia, South Korea,
China, France, the UK, and Germany
According to Prime Minister Alikhan Smailov,
Kazakhstan aims to attract $150 billion in FDI by 2029. In line
with this vision, the government has set a goal to secure a minimum
of $24 billion in foreign capital this year alone. Smailov called
upon ministers and regional leaders to take proactive measures in
implementing new and high-quality investment projects, particularly
in priority sectors of the economy.
MENAFN03062023000187011040ID1106382427
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.