(MENAFN- Trend News Agency) ASTANA, Kazakhstan, July 23. Investments from
the US into Kazakhstan have been increasing each year, Alibek
Kuantyrov, the Minister of National Economy of Kazakhstan, said,
during his speech in a roundtable discussion with members of the
Kazakhstan-American Business Council (USKBZC), trend reports.
This event was attended by top executives from major American
companies such as Chevron, Boeing, Google, Brownstein, ITIC,
Bechtel, and others, led by the Senior Vice President of the US
Chamber of Commerce, Hush Choksy.
According to Kuantyrov, Kazakhstan has maintained collaboration
with many US business giants for three decades, and the amount of
investment has been consistently rising.
Representatives from the business sector, in turn, emphasized
the effectiveness of the Kazakhstan-American Business Council,
which convened in Astana in June 2023. They also expressed their
interest in the ongoing tax and investment policy reforms in
Kazakhstan.
During the negotiations, the participants acknowledged the
significant potential for cooperation in various areas, including
digitization, infrastructure development, agriculture, and
others.
As Almas Aidarov, Deputy Minister of Foreign Affairs of
Kazakhstan, said earlier, Kazakhstan registered a new record-high
in foreign direct investment (FDI) flow in 2022, totaling $28
billion. Thus, Kazakhstan took the lead in FDI inflow among the
whole Central Asian region.
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