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Kazakhstan ramps up SME support to attract European investment and fuel economic growth

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Kazakhstan ramps up SME support to attract European investment and fuel economic growth
Copyright  Euronews
Copyright Euronews
By Botagoz Marabai
Published on
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Kazakhstan is stepping up support for small and medium-sized businesses. With more financing, reforms, and trade incentives, the goal is to grow its SME base and attract more European investment.

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Kazakhstan is expanding its SME sector with targeted reforms, financing, and state-backed guarantees worth nearly €18 billion by 2027. New incentives support joint ventures, foreign entrepreneurs, and local manufacturing, with over 11,000 SMEs already operating under shared ownership. The DAMU Fund plays a key role, having financed over 1,600 foreign-led projects. European investors are finding opportunity in sectors like agribusiness, logistics, and IT. As Kazakhstan shifts from resource extraction to value-added production, trade offices and legal frameworks are helping European firms enter a transforming market with confidence.

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