In recent years, Kazakhstan has made significant strides in attracting foreign investments, contributing to sustainable economic growth and strengthening the country’s position on the global stage. Creating a favorable investment climate and implementing major international projects remain key priorities for the government. Measures have been undertaken to develop infrastructure, support strategic economic sectors, and enhance the country’s competitiveness.

President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, emphasized the importance of investment attraction for economic development in his Address to the Nation:
"In the face of fierce international competition for investments, it is of utmost necessity to make prompt decisions to attract capital ‘here and now’."

According to the National Bank of Kazakhstan, gross inflows of foreign direct investment (FDI) in the first nine months of 2024 amounted to $12.7 billion. Additionally, data from the UN Economic and Social Commission for Asia and the Pacific (UN ESCAP) indicate that in 2024, Kazakhstan attracted $15.7 billion in investments for new projects—an 88% increase compared to 2023. This accounts for 63% of total investments in the North and Central Asia region.

In 2024, foreign investors implemented 45 projects worth $1.3 billion, creating over 6,000 jobs. Notable projects include:

• Carlsberg’s new production facility with a $50 million investment,
• The launch of the first phase of Zhetysu Wolfram's tungsten ore processing plant, with an investment of $450 million, generating over 1,000 jobs,
• The establishment of ceramic tile production by WAN SHENG CERAMIC in Shymkent,
• The development of large-scale automotive assembly plants for SKODA and HONGQI in Kostanay Region,
• The $160 million PepsiCo project in Almaty Region, supporting local agriculture.

Additionally, during President Tokayev’s international visits in 2024, several agreements were signed in key economic sectors.

• Power International Holding (Qatar) completed acquisitions of Tele2, Altel, and Bereke Bank.
• UCC Holding (UAE) is implementing major infrastructure projects, including:
  • The KS-14 compressor station,
  • The KS-14-Aktobe-Kostanay main gas pipeline,
  • The second phase of the Beineu-Bozoi-Shymkent main gas pipeline, enhancing energy security.
• Baiterek Holding, Hassad Food, and Tiryaki Agro signed a $200 million memorandum of cooperation to construct a grain processing plant in Astana with an annual capacity of 250,000 tons of wheat and 100,000 tons of peas.

The automobile manufacturing sector is witnessing substantial foreign investments. KIA, Changan, Haval, and Chery have announced plans to begin vehicle production in Kazakhstan in 2025.

The Kazakh government is actively removing systemic barriers and improving conditions for investors by increasing regulatory transparency. New investment attraction strategies have been introduced, focusing on a targeted “investment order” approach, aligning with regional priorities where Kazakhstan has a competitive advantage.

The Investment Headquarters has resolved 115 investor issues across projects worth over $50 billion. As a result, six investment agreements worth $2.3 billion were signed in 2024. As of 2025, two more agreements have been finalized, and seven projects totaling $7.5 billion are in progress.

Moreover, Kazakhstan launched a National Digital Investment Platform to ensure transparency in project implementation, efficient issue resolution, and reduced investor barriers.

These achievements highlight Kazakhstan’s commitment to creating an attractive investment climate and reinforcing its position as a reliable international partner.