ENGLISH

Kazakhstan's Dynamic Economy: A Business and Investment Review (Business & Investment Review)

By Marat Terterov

Book information

Year
2006
ISBN
1846730104, 9781846730108, 9781846730115
Open Library ID
OL8964171M
Language
english
Format
PDF
Filesize
2 MB (2275876 bytes)
Pages
40\58
Topic
Economy
Time added
2011-06-04 13:46:07

Description

The Republic of Kazakhstan continued to assert itself as a dynamic transitional economy and attractive emerging market during 2005. With economic growth of 9.4% in 2004, the country's economic expansion continued as a result of increased oil and gas production spurred by rising global demands for energy. While Kazakhstan is attractive to international energy companies, the energy sector is not the only source of investor interest, with over $1.5 billion of investment projects currently underway. President Nazarbayev's re-election in December 2005, while not indicative of a fully-fledged democracy, continues to create a strong semblance of political stability in Kazakhstan, which is vital for attracting investment and facilitating growth.

Similar books