Abstract:
In light of Kazakhstan's impressive economic achievements over its three-decade period
of independence, its strategic geographic positioning and substantial oil and gas reserves
have facilitated the country's capacity to attract Foreign Direct Investment (FDI).
However, sustaining and augmenting FDI inflows necessitates the implementation of a
well-defined and transparent investment management policy. Our study adopts a bottomup
analytical approach, engaging directly with pivotal stakeholders within the investment
framework to examine the current investment climate. Through comprehensive
interviews and analysis, we discerned critical areas warranting refinement. Specifically,
our findings underscore that fundamental enhancements are requisite in political stability,
corruption reduction, legal infrastructure, bureaucracy, and inter-agency communication
among key governmental entities integral to the investment landscape. This nuanced
investigation underscores the imperative of strategic reforms to fortify Kazakhstan's
investment architecture and bolster its enduring economic prosperity.