Kazakhstan Secures $431 Million Investment from Czech Republic
Kazakhstan has attracted $431 million in investments from the Czech Republic since 2005, with significant growth in recent years. This investment is crucial for strengthening trade relations, as bilateral trade reached $705 million last year, supporting economic diversification and job creation.
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Kazakhstan has received $431 million in investments from the Czech Republic since 2005, with over one-third occurring in the past three years. Bilateral trade reached $705 million last year, indicating robust economic ties.
Currently, there are 143 Czech companies operating in Kazakhstan, creating approximately 1,000 jobs. Prime Minister Olzhas Bektenov announced projects such as Škoda Auto's car assembly and BBS’s heat exchange equipment production, along with cooperation in energy and defense sectors.
Kazakhstan is enhancing its investment policy under the updated 2030 Investment Policy Concept, offering various support measures and creating a single investor support center. This strategic partnership could significantly impact both countries' economic landscapes as they pursue collaborative projects.
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