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Foreign direct investments in Kazakhstan equal $180 bln in 2013

May 20, 2014

Volume of foreign direct investments into the economy of Kazakhstan in 2013 made up $180 billion in 2013, said Aliya Alimbetova, the representative of the Ministry of Economy and Budget Planning of Kazakhstan, speaking at the media briefing on Monday, the press service of the Central Communications Service under the President of Kazakhstan said.

She said Kazakhstan has improved its position at the World Bank's Doing Business 2014 index, where it was ranked 50th among 189 countries.

Other CIS countries' results: Belarus 63rd, Kyrgyzstan 68th, and Russia 92nd place, making Kazakhstan a leader among the region. "According to many international experts, our country is among the most attractive countries in terms of making investments," said the speaker.

"By the end of 2013, the total volume of foreign direct investments attracted to the economy of Kazakhstan made about USD 180 bln. Such countries as the Netherlands, USA, Great Britain, France, Germany, Italy, Russia, China, Canada, Switzerland, Japan and others are the countries with the highest investment activity," Alimbetova said.

The trade turnover of Kazakhstan made about $132 billion in 2013.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AKIpress News Agency (Kyrgyz Republic)

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