Foreign Investment in Kazakhstan
07.12.2020
Foreign businessmen actively invest in the development of Kazakhstan's business.
In 2021, Korean companies plan to invest USD 75 million. This became known during the Investor Forum, which was held in the capital. It is planned to finance several Kazakhstan projects. In Petropavlovsk, it is planned to build a Smart microdistrict with alternative renewable energy sources. It will consist of 500 cottages and 70 houses. It is planned to build a Smart city in Aktau on the shore of the Caspian sea. The complex will be located on the territory of 1,000 hectares, including land on the Caspian coast. Kazakhstan also aims at an investment partnership with Saudi Arabia. During the webinar "Business and Investment Opportunities between Kazakhstan and Saudi Arabia", it became known about the signing of an agreement on mutual promotion and protection of investments.
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