The Kazakhstani government aims to attract $25.5 billion in foreign direct investment (FDI) in 2026, whilst the inflow exceeded $20 billion by the end of 2025. The priorities of investment policy are clearly reflected in the agenda of the 38th plenary session of the Council of Foreign Investors under the President of Kazakhstan, which took place on 2 July in Astana.
On the sidelines of the meeting, representatives of the government and the quasi-state sector held a series of meetings with the leadership of Eni, ExxonMobil, Baker Hughes, Marubeni, the European Bank for Reconstruction and Development (EBRD) and other international organisations. The agenda of these talks reveals which sectors and projects Kazakhstan considers to be priorities for attracting foreign capital.
It is clear that Kazakhstan is not simply interested in increasing the volume of FDI. Priority is given to investments that are accompanied by technology transfer, localisation of production, infrastructure development and the creation of new capabilities within the country. It is precisely such projects that currently take centre stage on Astana’s investment agenda.
