KAZAKSTAN IS CIS LEADER IN PER-CAPITA FOREIGN DIRECT INVESTMENT.
Publication: Monitor Volume: 3 Issue: 98
According to figures released on May 14 by Amirzhan Kosanov, press secretary to Prime Minister Akezhan Kazhegeldyn, Kazakstan at the end of 1996 had attracted more per-capita direct foreign investment ($165) than any other CIS economy. (Interfax-Kazakstan, May 14) This figure, which was apparently taken from a recent report issued by the European Bank for Reconstruction and Development, corresponds to some $2.7 billion in cumulative foreign direct investment (FDI) for the entire country. This sum contrasts favorably with the $34 in cumulative per-capita FDI Russia had received by the end of last year, not to mention the $29 Ukraine had received by the end of March, 1997. (Interfax-Ukraina, May 15) It even compares well with Poland’s $177 (as of mid-1996), although it was well below the $563 reported last year by the Czech Republic, not to mention Hungary’s $1,041.
The Monitor is a publication of the Jamestown Foundation. It is researched and written under the direction of senior analysts Jonas Bernstein, Vladimir Socor, Stephen Foye, and analysts Ilya Malyakin, Oleg Varfolomeyev and Ilias Bogatyrev. If you have any questions regarding the content of the Monitor, please contact the foundation. If you would like information on subscribing to the Monitor, or have any comments, suggestions or questions, please contact us by e-mail at firstname.lastname@example.org, by fax at 301-562-8021, or by postal mail at The Jamestown Foundation, 4516 43rd Street NW, Washington DC 20016. Unauthorized reproduction or redistribution of the Monitor is strictly prohibited by law. Copyright (c) 1983-2002 The Jamestown Foundation Site Maintenance by Johnny Flash Productions