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The state-of-the-nation address, announced by Kazakhstan’s leader on September 1, serves as an invitation to European and global companies seeking investment opportunities in the financial, energy, and IT markets of the broader Eurasian continent.
President Kassym-Jomart Tokayev of Kazakhstan centered his address on reforms and a new economic trajectory for the largest Central Asian nation. To illustrate, Kazakhstan aims to boost FDIs by attracting foreign banks, privatizing all non-core assets by 2024 (including Air Astana and QasaqGaz), doubling the export of IT services from about $500 million this year to $1 billion by 2026 through partnerships with major foreign IT firms, and enticing transnational corporations to make the country a leading agricultural hub in...
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