A vast, politically stable country that has enjoyed continued economic development over the past ten years, Kazakhstan produces 75% of Central Asia's GDP. The country sits atop exceptional reserves (oil, uranium, titanium, etc.) and has positioned itself as the indispensable regional economic leader, thanks in part to being associated with the Eurasian Economic Union, along with Russia, Belarus, Armenia and Kirghizstan.
The country is also ideally located on the new silk route that connects China and Europe.
China initiated the project, with the aim of building a vast network of infrastructures that will join the three neighbouring continents, Asia, Europe and Africa.
It is part of the Chinese government's 'One Belt, One Road' strategy, and is part of a major initiative to open new roads of communication and economic exchanges between China and Europe.
From a geostrategic viewpoint, the new train lines redesign the future network of exchanges between Asia and Europe, with Kazakhstan at its centre.
- A dry port for containers has opened in Khorgas
- Works at the port of Kuryk should finish in late 2016. The port will be used for transit and exports, with an annual objective of 4 million tonnes.
- A consortium is planned between Azerbaijan, Georgia and Kazakhstan to facilitate the transit of Chinese merchandise heading to Europe
- The first train from China to Iran left in February 2016, passing through Kazakhstan
- The first train carrying containers passing through the Ukraine, Georgia, Azerbaijan, Kazakhstan, before arriving in China
- Projects for cooperation in rail transport and logistics between Kazakhstan and Turkey. The future Baku-Tbilisi-Kars rail link should contribute to building traffic between the two countries.
The LDI-DIMOTRANS Group subsidiary was established in Almaty and Astana in 2005. Directed by JY Kozak, a partner of the recent Business France Meetings, the company is ready to meet the challenges of this new chapter in history!
More information about Kazakhstan:
Kazakhstan has been a member of the World Trade Organisation since 30th November 2015. Its Doing Business rating jumped 12 places in the same year, signalling authorities' interest in improving the business climate. On 21st December 2015, the country signed a strengthened partnership agreement with the European Union. France is the third largest foreign investor in Kazakhstan. In 2017, the country will host the Astana International Exhibition, with energies of the future as the theme. The event will coincide with the Winter Universiade the same year in Almaty, located at the foot of the Tien Shan mountain range. Despite the falling price of oil, which has an influence on its currency, now tied to the laws of the market, the growth forecast remains positive. The Kazakhstan government has been launching since 2014 national programmes that clearly show the country's strategy to 2050, including greater democracy, stronger rights, a more diversified economy and exports (50% green economy), a more open market and increased professional capabilities at all levels. Economic sectors that are especially promising are mining, oil and gas, agriculture machines, wines and spirits, luxury, cosmetics, sustainable development, infrastructure and transport. The middle class is estimated to be 2.5 million people.
*Source: Laurent Damasse, Business France