According to S&P analysts, the key factors supporting Kazakhstan's rating are robust fiscal and external reserves.

The list of planned projects includes the construction of plants producing 430,000 tonnes of polyethylene terephthalate per year worth $1 billion, 130,000 tonnes of methanol worth $200 million, 800,000 tonnes worth $1.8 billion, 1.250 million tonnes of polyethylene worth $ 7.6 billion and 280,000 tonnes of base oils $860 million.

The resource-rich ex-Soviet country is now scheduled to produce 640,000 bpd from the next month.

According to UNCTAD, the FDI flows to the transition economies of South-East Europe and former Soviet republics declined by 58 percent to $24 billion in 2020. FDI grew only in Belarus, Kazakhstan and Montenegro.

Centrenergo is a major electric and thermal energy producing company in central Ukraine and eastern Ukraine. DTEK Energy is a key player in the Ukrainian coal industry. 

President Kassym-Jomart Tokayev instructed the government to introduce a package of fiscal preferences to ensure the adoption of legislative norms by the end of this year.