On May 28, Astana hosted the Kazakh-French Investment Forum, organized by JSC NC KAZAKH INVEST jointly with the Embassy of France in the Republic of Kazakhstan. The event was held on the eve of the Astana International Forum and became a key platform for strengthening the strategic partnership between the two countries, focusing on sustainable development and investment cooperation.
France remains one of the leading investors in the economy of Kazakhstan: since 2005, accumulated investments have exceeded $19 billion, and in the first half of 2024, the volume of direct investments amounted to $404.3 million. More than 200 French companies are actively operating in the Kazakhstan market, including TotalEnergies, Alstom, Danone, Airbus and others. Joint projects include the production of locomotives, solar power plants and processing of agricultural products.
At the end of 2023, trade turnover between the countries amounted to $4.2 billion, of which $2.9 billion came from Kazakhstan’s exports. In 2024, $4 billion has already been reached in eight months – 44.7% more than in the same period last year. New agreements in the fields of energy, transport, ecology and digitalization were also signed within the framework of the forum.