‘Kazakhstan leading FDI recipient’ An Azeri state flag flies at half-mast as the country observes the day of national mourning for the victims of an Azerbaijan Airlines' Embraer passenger plane crash near the Kazakh city of Aktau, in a square in Baku, Azerbaijan, December 26, 2024. — Reuters Islamabad : Kazakhstan continues to be the largest recipient of foreign direct investment in the region, a position it has maintained for several years, according to a spokesperson for the Kazakhstan Embassy in Islamabad. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); He said that Kazakhstan's economic diversification, industrial vibrancy, and advanced digitalisation were key drivers behind its ability to attract significant foreign capital. The spokesperson also said the country benefitted from a highly skilled workforce, which contributed to the availability of high-quality human capital essential for sustaining growth and innovation. He added that above all, Kazakhstan's commitment to economic liberalisation, a strong role for the private sector, and the state's sovereign guarantees had been pivotal in creating a stable and investor-friendly environment. The spokesperson noted that political stability, economic sustainability, social harmony, and legal independence further protected the vested interests and investments of international companies in the country. He said his country aimed to continue diversifying FDI inflows into high-potential sectors, with major focus on green technologies, hydropower generation, lithium batteries, electric vehicles, hybrid agriculture and the development of Islamic banking.jilibay.con
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