ALMATY, Kazakhstan, June 25. Kazakhstan has
attracted $5.2 billion in investments from the Eurasian Development
Bank (EDB) under the implementation of the bank’s 2022–2026
strategy, according to a statement from Prime Minister Olzhas
Bektenov, Trend's
special correspondent reports from the event.
The PM's message was delivered by Kazakhstan’s Minister of
Finance Madi Takiyev during the EDB Annual Meeting and Business
Forum.
Bektenov said that the total volume of EDB investments under the
strategy reached $9.2 billion, with $5.2 billion directed to
Kazakhstan’s economy alone — comparable to the amount invested over
the previous 15 years.
He noted that cooperation with Kazakhstan offers significant
opportunities for investors to implement joint projects, adding
that the country’s open-door policy for foreign investment remains
a strategic priority.
The prime minister emphasized that this approach is supported by
constitutional provisions guaranteeing property rights, freedom of
economic activity, fair competition and equality before the
law.
“These principles are of key importance for investors and allow
for the continuous improvement of business conditions, investment
protection and the implementation of long-term projects,” Bektenov
said.
He also noted that Kazakhstan’s economy grew by 6.5% last year,
nearly twice the projected global growth rate. The country’s GDP
exceeded $305 billion, with the private sector acting as the main
growth driver. Small and medium-sized enterprises now account for
around 40% of the economy.
