ASTANA, Kazakhstan, March 13. Kazakhstan is the
second-largest investor in the Eurasian region, Trend reports
This was stated by Alexander Zaboev, Head of the Centre for
Integration Studies at the Eurasian Development Bank (EDB), during
an online presentation of the analytical report titled “Investment
Dynamics in the Eurasian Region – Results and Trends.”
According to him, Kazakhstan is the second-largest investor in
the region, where for many years the country had been the leader in
terms of attracting investments from countries across the Eurasian
region.
“Over the past two years, due to the dynamic growth of
investment in Uzbekistan, Uzbekistan has slightly overtaken
Kazakhstan in terms of the volume of investments attracted to its
economy. However, Kazakhstan remains both the largest investor in
the region and one of the key recipients of investment,” he
explained.
He noted that a significant share of investments made by Kazakh
companies is concentrated in the construction sector. These are
mainly projects implemented in Central Asia.
“In addition, there are a considerable number of projects in the
transport and logistics sector. It is also important to note that
Kazakhstan is currently pursuing a very active policy aimed at
expanding its transport and logistics capabilities. For this
reason, it is acquiring assets in several other countries of the
Eurasian region, which allows it to build convenient logistics
routes to global markets. As an example, the purchase of a stake in
Georgian port infrastructure can be mentioned,” Alexander Zaboev
added.
Traditionally, the resource sector has dominated in terms of
attracted investment. This is linked to oil and gas projects on the
Caspian shelf.
