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The 2011 edition of the yearbook celebrates the country’s transformation over the last 20 years into a thriving, independent state with a rapidly developing economy. The third decade of independence begins hopefully, with a return to fast economic growth against a backdrop of political stability, heavy investment, lower taxes and a more transparent business environment. Foreign investors are being invited to set up new industries and service companies to diversify the economy alongside continuing growth in the key oil, gas and mining sectors.
With forewords from President Nursultan Nazarbayev and Kazakhstan’s Ambassador to the US, Erlan Idrissov, the publication opens by examining the reputation the country has justifiably gained as a regional powerhouse. It then goes on to look at its economic policy, political stability and strategy of prosperity through diversification, as well as the role played by the sovereign wealth fund, Samruk-Kazyna.
The yearbook continues with a sector-by-sector analysis of the principal industries in Kazakhstan, including oil, gas and mining, energy and infrastructure, banking and finance and concluding with chapters on sectors such as retail, telecoms and tourism. Portraits of the country’s two main cities, Almaty and the capital, Astana, are also featured in this essential guide for all foreign investors.