Investment in Kazakhstan’s economy has surged by 10% in 2024, marking steady growth as the government intensifies efforts to improve the business environment through reforms, infrastructure development, and strategic investor engagement.
The announcement was made by First Deputy Prime Minister Roman Sklyar during a joint session of Kazakhstan’s Parliament. He reported that investments in fixed assets have increased by 55% over the past five years, reaching KZT 19.4 trillion ($37.3bn).
“Of the total volume, nearly 79% came from the private sector,” Sklyar said. “Although its share slightly declined compared to the previous year, the absolute volume rose from KZT 14.7 trillion to KZT 15.3 trillion ($28.3bn-$29.4bn).”
Public investment also saw a sharp increase, growing from KZT 2.9 trillion to KZT 4.1 trillion ($5.6bn-$7.9bn).
The growth reflects the government’s targeted approach to improving Kazakhstan’s investment climate. Measures include liberalizing the economy, reducing bureaucratic obstacles, and expanding national infrastructure—from transport corridors to energy supply networks.
“Investing should be convenient,” said Sklyar. “That is the aim of the Investment Headquarters, the Strategic Development Initiatives (SDI), and other tools developed to support investors.”
Kazakhstan is focusing on attracting long-term, strategic investors in key industries such as mechanical engineering, logistics, and agriculture. Projects already underway include those involving global companies like John Deere, KIA, YTO Express, and Fufeng Group, which contribute not only capital but also new technologies and skill development.
To streamline processes, the government has introduced several tools: a national digital investment platform, a green corridor for strategic projects, and a Unified Register of Investor Problems. The Investment Headquarters has reviewed 137 projects valued at more than $70bn and initiated over 140 legislative amendments aimed at protecting investors and simplifying regulations.
Investment Agreements have become a central feature of Kazakhstan’s strategy. These contracts define cooperation terms between the government and private investors. In 2024, six such agreements worth $2.3bn were signed. In the first half of 2025, the number rose to 15 agreements totaling $15.8bn. Approval now takes no longer than two weeks, provided that all documentation is complete.
Kazakhstan’s national management holding, Baiterek, plays a key role in financing major projects. Acting as a financial stabilizer, it secures funding from domestic and international sources and channels it into priority sectors through concessional lending schemes.
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