Kazakhstan is launching a new investment cycle. This requires a comprehensive strategy to attract high-quality investments to create modern high-tech industries, President Kassym-Jomart Tokayev said at an expanded government meeting. Since 2022, investments in the country have exceeded $84 billion, with fixed capital investments doubling. However, the pace needs to be accelerated, emphasized the Head of State. Priority should be given to sectors that are attractive to businesses, including rare earth metals, petrochemicals, digital infrastructure, renewable energy, transportation, and agro-processing. An important tool to stimulate investment inflows into the economy is public-private partnerships, and the President instructed the government to make greater use of them. Tokayev also called for the involvement of both the private and financial sectors.
«The production of higher value-added products for
export should become more commercially profitable than simply exporting raw
materials. This, of course, is not an easy task. In this regard, it is
important to avoid any actions that could negatively affect sector development.
Government policy must be reasonable and rational,» Tokayev noted.
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