Kazakhstan’s investment potential was presented at the B20 Business Forum in the United States
Kazakhstan participated in the B20 — the G20 business forum held in Washington under the auspices of the U.S. Chamber of Commerce. At the Kazakhstan–U.S. roundtable, representatives of national companies, businesses and government agencies discussed the country’s investment potential and cooperation with American companies in key sectors, NBK reports.
Kazakhstan’s Permanent Representative to the United Nations, Yerzhan Kazykhan, presented the country’s investment potential and outlined the main areas of potential cooperation with the United States. He noted that Kazakhstan expects its GDP to increase to $400 billion in 2026, while $14 billion from the National Fund will be allocated to infrastructure modernization. The Permanent Representative identified critical minerals, energy, the development of modern industrial manufacturing, the agro-industrial sector and artificial intelligence as priority areas for attracting investment. Kazykhan also highlighted logistics as another potential “gold mine” for Kazakhstan.
The Permanent Representative emphasized that Kazakhstan is interested in moving from political agreements to concrete investment projects involving American capital and the introduction of advanced technologies.
Kazakhstan’s Investments in the United States
National Bank Governor Timur Suleimenov presented the country’s macroeconomic indicators and outlined the current scale of cooperation between Kazakhstan and the United States. According to him, the accumulated volume of U.S. foreign direct investment in Kazakhstan’s economy has reached $60 billion (of which approximately $50 billion was invested over the past 20 years). Interestingly, Kazakhstan’s investments in the United States, primarily portfolio investments, turned out to be even higher, totaling $77 billion. Approximately $60 billion in assets managed by the National Bank are invested in U.S. financial markets.
Timur Suleimenov particularly highlighted the investment potential of the new city of Alatau and noted that Kazakhstan can offer American companies access to a growing market with well-developed financial infrastructure and rapid digitalization.
Investment Priorities
Deputy Minister of Foreign Affairs Ardak Zebeshev outlined four priority areas of investment cooperation between Kazakhstan and the United States:
1. Industry — including the construction of manufacturing facilities by American companies in Kazakhstan;
2. Artificial intelligence and digital infrastructure — as a prominent example, the Deputy Minister cited the development of the “Data Center Valley” project with the participation of the American company Firebird;
3. Energy and critical minerals — new projects involving raw material extraction and processing, metallurgy, as well as the continuation and expansion of cooperation with major oil companies Chevron and ExxonMobil;
4. Transport and logistics — including the development of the Trans-Caspian Transport Corridor and the localization of railway equipment manufacturing in Kazakhstan.
The large-scale program for the construction and modernization of social infrastructure, which Kazakhstan plans to implement in 2027, also opens up significant opportunities for cooperation with American suppliers of technologies and equipment.
Read more: https://nationalbusiness.kz/news/ot-urana-do-ii-v-chyom-kazahstan-planiruet-sotrudnichat-s-ssha-41a561/