Kazakhstan has seen an increase in the number of legal entities with foreign capital, rising 10% year over year to 65,952 companies, according to the Bureau of National Statistics.
Regional neighbors drive growth
The main drivers of this growth over the past year have not been Western countries, but Kazakhstan’s immediate neighbors — particularly Uzbekistan.
The number of companies with Uzbek capital surged 57.4% year over year, exceeding 9,600. The increase suggests that economic integration between Kazakhstan and Uzbekistan has reached a new level, with stronger logistics and trade ties.
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