Agreements worth $4.8 billion signed at event attended by PM Olzhas Bektenov
Kazakh Prime Minister Olzhas Bektenov attended the IX Kazakhstan Global Investment Roundtable (KGIR-2026) in Shymkent. According to Egemen.kz, more than 500 investors and business representatives from over 40 countries took part. The article's headline reports that agreements worth $4.8 billion were signed at the event.
At the plenary session, Bektenov said the country's GDP grew 6.5% last year, exceeding $300 billion. The International Monetary Fund forecasts that this figure will reach $300 billion this year. He said Kazakhstan has attracted nearly half a trillion dollars in foreign direct investment since independence, with more than $100 billion in the last five years alone. S&P raised the country's rating to "BBB" with a stable outlook.
Before the session, Bektenov reviewed projects including the Masdar wind power plant in Zhambyl region, China Energy projects, a Carlsberg Group plant in Almaty region, Alatau City and the Alsera greenhouse complex in Shymkent. Priority sectors named include chemicals, food production, machinery, agro-processing and IT.
This story was automatically summarised and translated from Egemen Qazaqstan. All rights to the story belong to its source.