Kazakhstan: A Hub For Sustainable Economic Development

By Aditi Bhaduri

Kazakhstan as a hub for sustainable economic development is fast becoming a reality.

The recently concluded Kazakhstan Global Investment Roundtable  (KGIR-2025) in Astana under the title “Global Investment Trends: Future  Vision” was an eye opener of sorts.

Organised by the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan and Kazakh Invest, a joint stock company, KGIR has established itself as a prominent dialogue platform between the state and the international investment community. The main theme of the event is “Global Investment Trends: Future Vision”.

Over 700 delegates from 40 countries, including government officials, C-levrl executives, major investors, experts, international and government organisations, the business community and media representatives.

During the round table, participants discussed current trends in global markets, their impact on investment strategies, and infrastructure development issues as a key factor for attracting international capital.

The sheer breadth and range of the program, with participants from across the world, the hi-tech arrangements, the sophisticated infrastructure-all indicate a new power center in the world, often overlooked or undermined.

Today Kazakhstan is the biggest economy in the Central Asian region.
Kazakhstan’s unique geo-economic advantage

Kazakhstan stands out as the largest and most resource rich country in the region

Kazakhstan is the 9th largest country in the world (2,724,900 km²), bordering Russia, China, Kyrgyzstan, Uzbekistan and Turkmenistan as well as the Caspian Sea. It has a 20.6 million population, with a GDP in 2023 of $ 288.1 billion. The country’s economy grew by 6 % in January – April, 2025.

In 2024, Kazakhstan attracted $15.7 billion in foreign direct investment for new projects, marking an 88% increase compared to the previous year.

Kazakhstan is an extremely resource rich country, its economy dependent on oil, gas, uranium, coal, and gold. It has the world’s largest known uranium deposits, and 19 of the 34  types of raw materials needed for major economies, including uranium, titanium, copper,

The Government provides comprehensive support for investment projects, which includes fiscal incentives, like exemption from Corporate Income Tax, VAT, Land Tax, and other subsidies. The country has also established 14 Special Economic Zones (SEZs) throughout its territory, which offer well-developed infrastructure and a wide range of investment preferences.

Platforms like AIFC offers several benefits to investors – low tax regime, simplified arbitration, consultancy, drafting of projects, surveys, project implementation, etc.
The AIFC is a rapidly developing financial hub located at the crossroads of Europe and Asia in the Kazakh capital.
Kazakh Invest is another autonomous body that helps investors with planning, drafting, and birthing of projects.
Renat Bekturov, the Governor of AIFC, inaugurated the roundtable. He reiterated that while the global economy was changing, Kazakhstan was becoming a bridge between the east and the West. The country was developing “green energy, logistics, connectivity, AI”. The AIFC had been able to attract more than 4500 companies from 90 countries.
This year alone the roundtable raked in  $7.5 billion   worth of investments. In the valedictory speech the Prime Minister of the Republic of Kazakhstan underscored the words of President Kasym Jomart Tokayev abouth the need to launch a new investment cycle. The ambitious goal is to implement a proactive investment policy, where the state not only supports businesses but also actively participates in the creation and launch of new projects.

 

 

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