Russia and China strengthen their positions in list of Kazakhstan's largest investors

Russia and China have entered the top 5 countries-investors in the economy of Kazakhstan. This is reported by Kazinform, a partner of TV BRICS, with reference to the Ministry of Foreign Affairs of the Central Asian republic.

According to the Ministry, from 2015 to 2024, Russia and China have consistently been among the leading sources of foreign direct investment (FDI) in the country's economy. At the same time, by the end of 2024, Russia took the leading position for the first time. The total amount of FDI attracted from Russia totalled US$4.1 billion.

It is noted that the growth of investment activity of Russia and China is especially noticeable against the background of the slowdown in the global economy: according to the UN Conference on Trade and Development (UNCTAD), the global FDI inflow in 2024 decreased by 8 per cent. At the same time, Kazakhstan has shown stable growth in investment, especially in the mining and information technology sectors.

The Foreign Ministry notes that changes in the structure of investment are associated with the deepening of Kazakhstan's cooperation with key partners in Eurasian and Asian directions.

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