Kazakhstan Media & Information Centre

Economic Growth & Development

Covering more territory than Western Europe, Kazakhstan is the ninth-largest country in the world. Located in the middle of Central Asia, it is bordered by Russia, Kyrgyzstan, Turkmenistan, Uzbekistan and China.

To further economic growth in Kazakhstan, and to make the country a financial center in the region, The Regional Financial Centre of Almaty (RFCA) was established in 2006. The activities of the RFCA are aimed at developing the region’s securities market and ensuring its integration with international capital markets, attracting international investment into the economy of Kazakhstan, and facilitating the investment of Kazakhstan’s capital in foreign securities markets.

The Regional Financial Centre of Almaty City provides a special legal regime for registered market participants. The RFCA’s special trading floor provides tax benefits and economic incentives to both Kazakhstan and foreign RFCA participants.

Investment in Kazakhstan

Kazakhstan credits its strong economic growth over the last few years to the political and economic reforms implemented in the time following the country’s independence.

Sectors

Kazakhstan’s fossil fuel and mineral resources are the country’s leading industries, and have attracted billions of dollars in foreign investment. As the sixth-largest grain producer in the world, agriculture and livestock also account for a large portion of the economy.