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China Daily / 2023-05 / 17 / Page011

Kazakhstan vows to tap into potential in C. Asia

By REN QI in Almaty, Kazakhstan | China Daily | Updated: 2023-05-17 00:00
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Kazakhstan is undergoing a systemic transformation for a stronger and more diversified economy, and is looking for financial and economic cooperation with other countries, Kazakh President Kassym-Jomart Tokayev said on Monday.

Making the remarks at the 46th annual meeting of the Association of Development Financing Institutions in Asia and the Pacific, or ADFIAP, in Almaty, Tokayev said that the country's vast potential lies in sectors such as agriculture, petrochemistry, metallurgy, manufacturing, textiles, transportation, logistics, finance and tourism. "Our investment policy is continuously evolving to ensure that Kazakhstan remains the most attractive investment destination in Central Asia," he said.

Last year, Kazakhstan attracted $28 billion in foreign direct investment, a record high over a decade.

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