US among top 3 investors in Kazakh economy

ASTANA. KAZINFORM – The gross flow of DFI from the US to Kazakhstan has totaled $48.8bn since 2005, making 13.5% of the country’s total foreign investment. The US remains among top 3 foreign investors of Kazakhstan, Kazinform cites the Telegram channel of the Kazakh National economy Ministry.

photo: QAZINFORM

The country’s mining sector is to great interest to American investors with the US accounting for around 30% of total DFI in the sector in Kazakhstan.

US direct investment is lowest in financial and insurance activity – 6.6% and 9.8% of Kazakhstan’s total DFI.

As of early this year, the country registered a total of 695 enterprises with the participation of American capital, of which 658 are small, 15 are medium, and 22 large-sized enterprises.

There are 168 Kazakh-US enterprises working in wholesale and retail trade, 181 companies in other service activities, 83 in professional, scientific, and technical activity, and 36 enterprises in manufacturing.