Economic analysis of current trends of attracted foreign direct investment in Kazakhstan

Abstract

To form a competitive national economy, it is absolutely necessary to develop an effective investment
management system. Due to this, the authors attempted to investigate the process of attracting a
flow of foreign direct investment (FDI) to Kazakhstan. Analytical data of the Committee on Statistics of
the Republic of Kazakhstan and the UN Committee on Trade and Development were used for analysis.
In addition, the article also considers the attraction of FDI in the CIS region. A meaningful analysis of the
data made it possible to identify priority sectors that are of interest to foreign investors in the economy of
Kazakhstan, as well as projects that contribute to the growth of FDI in the republic. The authors believe
that it is necessary to implement the most effective investment policy, which, on the one hand, contributes
to the development of the scientific and engineering potential of the country, the development of
small and medium-sized businesses, and on the other hand, is aimed to ensure innovative development
of industries and regions, to strengthen the infrastructure of innovation clusters . The practical significance
of this analysis is to ensure a favourable investment climate and to identify ways to improve the
regulation of investment flows in Kazakhstan.