US pullback triggers massive foreign investment outflow from Kazakhstan

04.11.2025

Kazakhstan experienced a dramatic reversal in foreign direct investment (FDI) in 2025, shifting from a net inflow of $2.8 billion in the first quarter to a net outflow of $1.9 billion in the second quarter. Economist Ruslan Sultanov attributed the decline primarily to U.S. companies reinvesting profits into production rather than bringing in new capital.

Kazakhstan...