Brochure
Kazakhstan is one of the most attractive investment centers in the world. Favorable business climate and political stability promoted a considerable inflow of FDI to Kazakhstan. Since 1993 Kazakhstan has attracted FDI of over 136 billion U.S. dollars.
Due to the comprehensive foreign policy and FDI attractions, Kazakhstan's economy is growing on a steady basis. From 2000 to 2010 GDP increased by more than 8 times (from 17 billion to 146.5 billion USD).
Kazakhstan is the 6th largest country around the world in terms of mineral resources. From 105 elements of Mendeleev’s periodic table, the subsoil of Kazakhstan holds 99 elements; there founded reserves of 70 elements, engaged in production more than 60 elements, they are: oil, gas, uranium, zinc, tungsten, barium, silver, lead, chrome, copper, fluorites, molybdenum, and gold.
Mineral and resources base of the Republic of Kazakhstan consists of 5,004 fields, estimated cost is around USD 46 trillion.
Business Development Ratings
Rating of the World Bank and International Finance Corporation «Doing Business» in 2012: 47th out of 187 countries
Large foreign companies
There are multinational and foreign companies in Kazakhstan as General Electric, Chevron, Toyota, Toshiba, Mitsubishi, Nestle, EADS, Danone, LG, Siemens, ThyssenKrupp, Henkel, Microsoft, Arcellor Mital, BASF and many others.
Industrial and Innovative Development
In 2010, State Program of Forced Industrial Innovation Development of Kazakhstan for 2010-2014 is aimed at ensuring sustainable and balanced growth through diversification and an increase competitiveness.
Key objectives:
- Prior economic sectors development
- Creating an enabling environment for industrialization
Priorities:
- attract investment, mainly foreign, and creation of new export-oriented industries
- develop and strengthen national innovation system
Principles:
- focus on business initiatives
- support for breakthrough projects and cluster initiatives in non-primary sector
- equal access to domestic and foreign companies
- distribution of state support for all economic actors
Priority sectors:
- refining oil and gas infrastructure
- mining
- chemical industry
- nuclear industry
- engineering
- pharmaceuticals
- construction and building materials
- agriculture
- light Industry
- tourism
- information and communication technologies
- biotechnology
- space industry
- alternative energy
- nuclear energy
In order to reduce investor’s costs, implementing projects in priority sectors, the Government provide them with public support (preferences, privileges, matching grants and other incentives).
Nowadays active work on expansion of operating packages of investment incentives and preferences in priority sectors is being conducted.
Results of Program implementation:
- Growth factor of productivity
- Development of production subsequent redistribution
- Creation and implementation of high technologies
- Growth of investment attractiveness of high-tech production
- Infrastructure development advancement
- Development of competitiveness
Kazakhstan Territory
2.7249 million sq. km (1,052,085 sq miles)
9th largest country in the world
2nd largest country amongst CIS (Commonwealth of International States) nations.
Population: 16 million people.
Currency: tenge.
Time: 6 hours ahead of Greenwich Mean Time (Almaty, Astana). Kazakhstan is divided into two time zones: eastern (basic) and western zones.
Language: Kazakh is the state language. Among state organizations and local authorities, Russian is used along with the Kazakh language.
Religion: Nowadays, Kazakhstan is a religiously diverse country where more than 3000 religious associations operate, representing 40 denominations. Islam and Christianity are the prevailing religions.
Administrative and territorial divisions:
Regions
| Akmola region | Zhambyl region | Mangystau region |
| Almaty region | West-Kazakhstan region | Pavlodar region |
| Aktobe region | Karaganda region | North-Kazakhstan region |
| Atyrau region | Kostanay region | South-Kazakhstan region |
| East-Kazakhstan region | Kyzylorda region |
Cities of National Importance:
Astana – the capital of Kazakhstan; Almaty
Useful links:
1. State platform "Invest in Kazakhstan"
2. The Agency of statistics of RK (in Russian and Kazakh languages)
3. Investment management system of the Republic of Kazakhstan, Ministry of Economic Development and Trade, JSC "Institute of Economic Research"
4. Web-site of the National Agency for Export and Investment "Kaznex Invest" Ministry of Industry and Trade of RK
