Which countries invest the most in the economy of Kazakhstan
The largest increase in the inflow of foreign investment was recorded in the manufacturing industry
The gross inflow of foreign direct investment (FDI) in the economy of Kazakhstan increased by 17.8% to $22.1 billion for 9 months of 2022. In the first nine months of 2021, the amount was $18.7 billion, the correspondent of the business information center Kapital.kz reported, citing the press service of the Ministry of Foreign Affairs.
"The figure for three quarters of this year is comparable to the volume of investments attracted for the entire year 2021, or $23.8 billion," the Foreign Ministry explained.
The greatest increase in investment inflow was recorded in the manufacturing industry: 36.9% ($4.9 billion, wholesale and retail trade: 32.6% or $3.8 billion, transportation and warehousing: 20.1% or $938.7 million, mining: 11.7% or $10.1 billion.
The top countries-investors in Kazakhstan include the Netherlands - $5.5 billion, the United States - $5 billion, Switzerland - $2.6 billion, Belgium - $1.3 billion, Russia - $1.3 billion, South Korea - $1.1 billion, China - $996.7 million and France - $538.1 million. At the same time the inflow of FDI from Belgium and South Korea reached a record high in the history of bilateral relations with these countries.
According to Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Almaz Aydarov, the positive dynamics of growth of the inflow of FDI is evidence of the confidence of foreign investors in our country and the ongoing reforms, despite the external factors that put pressure on investment flows to Kazakhstan.
According to Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Almaz Aydarov, the positive dynamics of growth of the inflow of FDI is evidence of the confidence of foreign investors in our country and the ongoing reforms, despite the external factors that put pressure on investment flows to Kazakhstan.
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