Kazakhstan Chamber of Commerce in the USA

KazCham


Kazakhstan has received $180 billion in FDI since independence

Posted on May 28, 2014 by KazCham

Turkish Press

Nearly $180 billion has flowed into Kazakhstan in the form of Foreign Direct Investment (FDI) in the 23 years since its independence in 1991.

Kazakhstan is one of the biggest recipient of FDI among the former Soviet-bloc countries. Much of this FDI has come from the EU.

As per data from the Kazakh Ministry of Economy and Budget Planning, the oil and natural gas sectors have received the most investment. According to a 2007 report “Central Asia’s Energy Risks,” produced by the International Crisis Group, Kazakhstan has the 11th largest proven reserves of both petroleum and natural gas.

The largest source of FDI in Kazakhstan has been the EU, with Netherlands being the largest investor at $49 billion, followed by the UK at $25 billion, China at $18.2 billion and the U.S. at $18 billion.

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