Kazakhstan leads Central Asia with $20 billion in new foreign investment
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Kazakhstan attracted nearly $20 billion in new foreign direct investment in 2025, the highest in Central Asia, according to Inbusiness.kz. The figure represents a 15% increase from the previous year, driven by energy and infrastructure projects. The inflow underscores Kazakhstan's position as the region's top investment destination despite global economic headwinds.
Investment Volume
Kazakhstan received $19.8 billion in new foreign direct investment in 2025, according to data cited by Inbusiness.kz. This is the highest among Central Asian nations, surpassing Uzbekistan's $12.1 billion and Turkmenistan's $5.4 billion. The energy sector accounted for 45% of inflows, followed by transport and logistics at 22%.
Key Investors
China was the largest source of investment, contributing $6.2 billion, primarily in oil and gas and renewable energy projects. The European Union invested $4.8 billion, with the Netherlands and France leading. Russia added $2.1 billion, mainly in manufacturing and mining.
What's Next
The Kazakh government plans to release a detailed sectoral breakdown by September. It remains unclear whether the pace of inflows can be sustained amid volatile commodity prices and geopolitical tensions.
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Kazakhstan leads Central Asia with $20 billion in new foreign investment
