Kazakhstan Unveils AI-Driven Investment Agenda at Foreign Investors’ Council

Kazakhstan has unveiled a new investment agenda prioritizing artificial intelligence, digitalization, critical minerals, and value-added manufacturing, aiming to solidify its position as Central Asia's leading investment hub. President Kassym-Jomart Tokayev announced the strategy at the 38th plenary session of the Foreign Investors’ Council in Astana.

Tokayev emphasized Kazakhstan's economic strength, reporting a 6.5% growth last year and a GDP exceeding $300 billion, despite a challenging global economic climate. He stated the nation's goal is to maintain its leadership in attracting investment within the region, noting that net accumulated foreign direct investment has surpassed $150 billion, representing nearly 70% of all regional investment. The recent adoption of a new Constitution, which enhances legal protections for investors, further supports this agenda.

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Despite an unfavorable external environment, Kazakhstan’s economy grew by 6.5% last year. The country’s gross domestic product exceeded $300 billion. Kazakhstan intends to maintain its leadership in Central Asia in attracting investment.

To streamline investment processes, Kazakhstan has developed a modern institutional framework, including a National Digital Investment Platform acting as a one-stop shop for investors. The Investment Headquarters coordinates government support for strategic projects. Foreign entrepreneurs can also access the Altyn Visa program, offering tax preferences and simplified migration procedures.

Artificial intelligence is central to Kazakhstan's future economic strategy. Tokayev cited UNCTAD forecasts predicting the global AI economy to reach approximately $5 trillion by 2033, underscoring its growing significance. Kazakhstan has become the first country in Central Asia to operate two advanced supercomputers and plans to establish a Data Center Valley to attract global technology firms and international capital. Companies like Amazon and G42 are reportedly exploring opportunities within this developing ecosystem.

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According to UNCTAD forecasts, the global artificial intelligence economy will reach approximately $5 trillion by 2033. In just ten years, this figure will increase nearly twenty-fivefold, clearly demonstrating AI’s growing role in the global economy. Kazakhstan intends to move actively in this direction.