The implementation of government programs increased inflow of foreign investments into Kazakhstan’s economy
Minister of National Economy Kuandyk Bishimbayev reported that one of the main conditions of maintaining positive economic growth is the increase in investment activity. The volume of investments grew by 4.7% – up to 6 trillion tenge in the 11 months of this year. The growth contributed to the realization of industrial-innovative and infrastructural projects within “Nurly Zhol” state program, SPAIID and anti-crisis programs.
In addition, the positive dynamics of foreign direct investment should be noted since the beginning of the year. Thus, the net inflow of foreign direct investments amounted to 12.1 billion dollars in January – September, which is higher by 4.4 times than last year’s level.
Source: Prime Minister of the Republic of Kazakhstan