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Central Asia Kazakhstan Monitoring

Kazakhstan’s FDIs increased to $15B in 2017

Kazakhstan has attracted FDI to the tune of over $15 billion in first nine months of 2017.

“Last year in the first nine months alone, Kazakhstan attracted over $15 billion in FDI,” Minister of National Economy Timur Suleimenov said at the session of the Government on Thursday.

According to Minister Suleimenov, there has been a 5.3% increase in FDI compared with the analogous period of 2016.

“FDI from member states of the Eurasian Economic Union increased by 40.8% up to $935.1 million or 5.9% of total FDI volume. It proves that Kazakhstan offers favorable conditions for EAEU business,” Suleimenov added.

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