As Kazakhstan’s economy continues to grow, the government is keen to implement further reforms to diversify the economy away from its dependence on mineral resources, especially its oil exports to Russia.
The country has a thriving agricultural sector poised for expansion, considerable scope for renewable energy, and a young and educated workforce. It also sits at the heart of a network of trade routes linking Central Asia, Western China, and Western Europe.
The COVID-19 pandemic nonetheless highlighted the country’s lack of digital solutions, notably in public services, cargo transport, telecoms, and financial services. Matching global trends, Kazakhstan’s M&A market is also affected by high inflation, rising interest rates, fears of recession, and, obviously, geopolitical tensions.
However, with the Central Asia and Caspian region expected to increase its GDP by 3.71% in 2023 and 3.89% in 2024, there are clearly great opportunities for investors.
The M&A Community, in collaboration with iDeals, is delighted to invite you to Scaling up in Kazakhstan: Almaty edition, our second event in the country’s largest city. Here regional experts from the M&A industry will share their insights on the market opportunities in the Central Asian and Caspian region and Kazakhstan in particular.
This is an event with limited seating. To register, please fill out the form and we will contact you with further details.