ASTANA, Kazakhstan — February 10, 2025 — Stankevicius Group Arabia today announced the availability of a milestone report on the state of Kazakhstan’s economy under the leadership of President Kassym-Jomart Tokayev and the establishment of an investment headquarters.
Kazakhstan, the largest economy in Central Asia, is undergoing a significant industrial and technological transformation, drawing increased interest from major international investors. This development is attributed to a series of political and economic reforms introduced under the leadership of President Tokayev. Despite global geopolitical challenges, Kazakhstan continues to strengthen its position as a key investment destination, offering stability and long-term growth opportunities.
Recognizing the strategic importance of foreign investment, President Tokayev has established an investment headquarters to accelerate Kazakhstan’s transition to a new technological era. Global industrial and technology leaders from the United States, the European Union, and Asia view Kazakhstan as a reliable and responsible partner, making substantial investments in the country’s rapidly growing economy. Education reforms and the establishment of international universities are further strengthening Kazakhstan’s long-term intellectual and technological capabilities.
Expansion of South Korean Industrial Cooperation
South Korean multinational corporations are among the most active investors, forging strong industrial partnerships with local enterprises. A landmark development is the construction of a state-of-the-art Kia automobile manufacturing plant in Kostanay, a facility comparable in scale to its U.S. counterpart. Additionally, Samsung Electronics has entered Kazakhstan’s industrial landscape with plans for large-scale electronics production, marking a new era for the country’s manufacturing sector.
Samsung Electronics Partners with Silk Road Electronics in Kazakhstan
In a milestone agreement, Samsung Electronics signed a strategic partnership with the Saran-based Silk Road Electronics plant under the chairmanship of Kazakhstan’s First Deputy Prime Minister and Head of the Investment Headquarters, Roman Sklyar. As reported by the official portal of the Prime Minister of Kazakhstan, the collaboration will focus on manufacturing Samsung-brand televisions, with mass production set to launch in the second quarter of 2025.
This initiative is expected to generate high-skilled job opportunities and facilitate the adoption of cutting-edge technologies in Kazakhstan. The introduction of Samsung’s advanced manufacturing capabilities will strengthen the country’s export potential and expand its influence in the global technology ecosystem.
A Favorable Investment Climate
Kazakhstan’s business-friendly environment, stable political and economic conditions, and access to key markets—including the Eurasian Economic Union with a population of nearly 200 million—continue to attract top-tier investors from East and West. These strategic investments underscore Kazakhstan’s commitment to innovation, economic diversification, and global industrial integration.
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Stankevicius Group Arabia is a global market research and government relations division that reviews global institutions and governments' recent activities in international markets.
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Stankevicius Group Arabia
Vytautas Mickys
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Original Source of the original story >> Leading Global Corporations Invest in Kazakhstan
Published by: Wing Yu