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Net inflow of foreign investments in Kazakhstan increased by 5 times since 2016

by October 10, 2016 Legal

“The visits of the Head of the state to the key countries around the world over the past two years have brought Kazakhstan liabilities amounting to more than 42 billion dollars. During the first half of this year, there is a significant increase in rates to attract investment. Thus, the net inflow of foreign investments increased by almost 5 times and amounted to 5.7 billion dollars in the first 6 months of this year compared to the same period last year ,” E. Idrissov said.

According to the head of department, as of September 1, 2016 Kazakhstan has 19,685 legal entities, branches and representative offices of foreign participation. The greatest number of joint ventures operates with Russia, Turkey, the Netherlands, Germany and China.

“In general, the number of joint ventures increased by almost 25% in comparison with indicators of 2014,” the minister added.

Source: The Prime Minister of Kazakhstan