Article by Currency Information and Research

After various difficulties after the breakup of the Soviet Union, a period of great development (the country was unique the world to double the GDP in less than 10 years) and overcome the global crisis, Kazakhstan and seen as a great country for those looking to invest their money. Today the country is the 48th largest economy in the world, and offers all kinds of opportunities and businesses. In 2014 the growth rate was 4-5%, excellent for a period where powers like the US, UK and Japan fight to not get in the negative; even to China was a difficult year, but for Kazakhstan not.

In the energy sector, for example, the country has the world's largest uranium reserves and the 2nd largest oil reserves among the countries outside OPEC. All this positive scenario ends up attracting investors and generating good earnings opportunity. The oil ChevronTexaco, ExxonMobil, KazMunaiGas (Kazakhstan) and LukArco (Russia), for example, joined to create the TengizChevroil, a joint venture that will increase oil exploration in the country.

And in the mineral field, in addition to uranium, the country is one of the leading rhenium extraction, ferrochrome, zinc, magnesium, cadmium, copper, bauxite and gallium.

The china, for example, signed in March 2015, 33 agreements totaling the value of over 23 billion dollars. Products ranging from cars, oil products and iron. Today Kazakhstan is the country number 49 among the largest exporters in the world, sending out his country more than 850 different types of products. About 60% of exports are related to the oil market and 20% for ferrous metals. The rest is divided among the other sectors such as chemicals, machinery, grain, wool, meat and coal.

And the government has done everything for the country to grow even more. As well as propose measures for a new policy of investment in infrastructure, they cut taxes for foreign investors. As a result the country said in July 2015 that the measures appear to have already been successful and attracted more than 16 billion dollars for the primary industry and put into operation more than 400 new products, including chemicals, cars, uranium industry derivatives and industry of rare earth (chemicals used in industry for the production of various items). In local currency values ??total more than 580 billion tenges.

And for those who need weight basis for deciding on their investment, the rating agencies like Standard & Poor's, Moody's and Fitch, consider the country as a safe and stable place for you to inject money. Besides them the World Bank ranked recently the country as one of the 20 best countries in which to invest, and the World Economic Forum placed the country in 50th position in its global competitiveness ranking, a competition among 144 countries.

In the internal indexes, Kazakhstan has controlled inflation of its currency, low unemployment, about 100 billion export dollars a year, 50 billion of imports, total GDP, GDP growth and GDP per capita on the rise and public debt declining. 1 dollar, today equals 240 tange.


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