(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 3. The share of the processing industry in the overall structure of
foreign direct investment inflows in Kazakhstan is increasing,
Deputy Minister of Foreign Affairs of Kazakhstan, Almas Aidarov,
said trend reports.
During the press conference, Aidarov mentioned that the share of
the processing industry in investment inflows reached around 20
percent in 2022. Additionally, he highlighted that the wholesale
and retail trade sectors attracted approximately $5 billion in
investments, while the transport and warehousing sectors secured
around $1 billion.
Furthermore, he noted that the mining and metallurgical sectors,
which dominated the investment landscape with around 70-75 percent
in previous years, accounted for approximately 50 percent of the
total in 2022.
Aidarov also revealed that the top countries contributing to the
gross inflow of foreign direct investments in Kazakhstan in 2022
included the Netherlands, the United States, Switzerland, Belgium,
Russia, South Korea, China, France, the United Kingdom, and
Germany.
Earlier, the deputy minister mentioned that Kazakhstan observed
a record-high volume of $28 billion in foreign direct investments
(FDI) in 2022, making it a leading investment destination in the
Central Asian region.
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