Current Trends of Investment Climate in the Republic of Kazakhstan

Samal Tursynbekovna Omarova
European Research Studies Journal, Volume XVIII, Issue 4, 261-274, 2015
EOI: 10.11214/thalassinos.18.04.024

Abstract:

Kazakhstan is a leader in terms of foreign investment per capita in the CIS countries today. Direct foreign investment in Kazakhstan is about $1,300 per capita. This suggests that the investment attractiveness of the country will rise. In addition, the intention of the republic to enter the 30 most developed countries of the world by 2050 opens up numerous new opportunities for companies from different sectors. According to opinion polls, the investment attractiveness of Kazakhstan is due to the following factors: 1) it Recommendations for further improvement of the investment climate in Kazakhstan include: 1. Informing potential investors about the attractiveness of Kazakhstan (through diplomatic missions, non-governmental organizations, mass media, social networks, etc.). 2. Reduction of regional disparities and the development of economically backward regions. Today, only three cities – Astana, Almaty and Atyrau – can attract foreign investors. 3. Enhancing the transparency of business in Kazakhstan.


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