The report, a collaborative effort between Qazaqstan Investment Corporation, a subsidiary of the Baiterek National Management Holding, and the international consulting company Baker Tilly, involved an in-depth analysis of the current state of the direct investment market in Kazakhstan spanning the last decade. The research aimed to identify key participants and factors, drawing insights from the experiences of foreign markets and successful case studies.
Delivering a welcoming speech, Erbolat Zholat, Chairman of the Board of Qazaqstan Investment Corporation JSC, emphasized that a similar analysis was last conducted in 2019, creating a gap in analytical information regarding the growth and development of the direct investment market.
“The lack of available data acts as a barrier to decision-making for investors and industry participants. Therefore, QIC as a driving force for the development of the private equity market in Kazakhstan decided to analyze the state of markets in the countries of the region. Together with Baker Tilly, extensive work was done to collect and analyze data reflecting the dynamics and prospects of the private equity market. I am confident that the report will become a valuable source of information for investors, both domestic and foreign, and will guide them when making investment decisions,” noted E. Zholat.
