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Eurasia
16/02/2024 08:25
Opportunities come along with certain challenges, which require delicate balancing from Kazakhstan and the region of Central Asia.
“This is also a decade of complexity. Complexity for Kazakhstan to the north, complexity for Kazakhstan to the east, and then, obviously, a very changing political landscape in the West. The balancing act is going to be to stay open for investment and also to manage the complexity of an ever-changing world. So far, Kazakhstan is doing a fantastic job, as are other Central Asian countries, in balancing opportunity and complexity,” he said.
Speaking of what makes Kazakhstan an attractive investment destination, Beer highlighted stability and trust.
“If you have a problem in Kazakhstan, you have an English language common law system. You have arbitration that you can use, you have a Kazakh language court system that you can use. If you think about an investment decision, we know the opportunities there,” said Beer.
Among promising areas for investment, Beer specifically underscored the financial services sector. He highlighted the importance of the AIFC as a cornerstone for attracting foreign investors, praising its robust court and judicial system featuring judges from around the world. He emphasized the transparency and simplicity of the rules, which are accessible online, and commended the team overseeing the center.
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