Kazakhstan, U.S. Explore Expansion of Investment and Economic Cooperation
Astana, The Gulf Observer: Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, met with representatives of a U.S. trade mission led by Khurshid Choksi, Senior Vice President of the U.S. Chamber of Commerce, to discuss prospects for deepening bilateral economic ties and investment collaboration.
The delegation, comprising executives from 25 major American companies including Apple, Boeing, Chevron, ExxonMobil, Shell, Bechtel, Honeywell, Mastercard, The Coca-Cola Company, PepsiCo, Meta, Ericsson, John Deere (Eurasia Group), Plug and Play Tech Center, and Mayer Brown, explored opportunities for cooperation in strategic sectors of Kazakhstan’s economy.
Ospankulov underscored that the United States remains one of Kazakhstan’s key investment partners, noting that more than 600 American companies currently operate in the country. U.S. investments have already exceeded USD 60 billion, forming what he described as a “solid foundation” for launching new joint initiatives.
“We are interested in scaling cooperation with American investors in energy and processing, critical minerals, agro-industrial complex, digital economy, and logistics. Kazakhstan demonstrates steady growth and offers a predictable regulatory environment, ‘one-stop shop’ tools, and contractual mechanisms that support projects throughout their entire life cycle,” Ospankulov stated.
Choksi, for his part, highlighted the strong interest of American businesses in Kazakhstan, particularly in infrastructure, industrialization, innovation, and sustainable technologies. He also emphasized Kazakhstan’s importance as a hub partner along the Middle Corridor.
Several American companies presented concrete initiatives, including the localization of John Deere agricultural machinery in Kostanay, PepsiCo’s snack production project, the manufacturing and assembly of high-tech products, and the development of advanced payment infrastructure.
At the conclusion of the talks, both sides reaffirmed their readiness to expand investment cooperation and launch new joint projects aimed at further strengthening the strategic dimension of Kazakhstan–U.S. relations.
Kazakhstan has set a target of attracting KZT 150 billion in investments in housing and public utilities, reflecting the government’s broader strategy to boost long-term economic development.
