UNLOCKING THE POTENTIAL: TRANSFORMATION PATHS WITH BORUSAN CAT KAZAKHSTAN

Republic of Kazakhstan in a state with exceptionally favorable conditions for mining industry development. The key components of its potential are abundant mineral resources, developing transport infrastructure and favorable geographic location; production and industrial potential; potential share of enterprises acting as capable investors; innovative infrastructure that can be used in future for creation and dissemination of innovations in production processes etc. This potential creates a real basis for achievement of the strategic goal of development of the state.             

Early in 2024 there was held the official meeting of the representatives of the foreign business community with the President of the Republic of Kazakhstan where the country’s investment attractiveness was discussed. According to the World Bank there are more than five thousand unexplored deposits in Kazakhstan valued at over 46 trillion US dollars.  For reference: as of 2020 the natural resources of the United States of America were valued at 45 trillion US dollars, Saudi Arabia’s natural resources were valued at 34.4 trillion US dollars, Canada’s natural resources - 33.2 trillion US dollars, Australia’s natural resources - 19.9 trillion US dollars.  

As of today, 19 of 34 the most important raw materials are produced in Kazakhstan. Deposits of 9 more types of mineral resources such as cobalt, tungsten, lithium etc. can be developed if necessary, investments are received.