Investors turn to processing industries as Kazakhstan moves beyond raw materials

04.02.2025

Kazakhstan’s foreign direct investment (FDI) is undergoing a major shift, moving from solely raw material extraction to projects focused on domestic processing, said Yernar Serik, an expert on trade and investment policy.

During the expanded government meeting on Jan. 28, President Kassym-Jomart Tokayev emphasized the importance of economic diversification and the development of industrial sectors. While the country continues its diversification efforts, FDI fell by 36% in...