EN
Mangystau Region is a strategic area playing a key role in Kazakhstan’s oil and gas industry and foreign trade.
Traditionally, like the entire western part of the country, the region has been developing primarily through the oil and gas sector, while also relying on transfers from the Republican budget to support its local budget.
Despite the dominant role of the extractive industry, Mangystau is actively pursuing economic diversification. You can learn more about the key economic sectors, major enterprises, as well as our investment recommendations and forecasts in the full review available in the Analytics → Kazakhstan → Macroeconomic Overview of Mangystau Region section.
Moody's assigned BCC Invest a long-term corporate rating at the Ba3 level, as well as long-term and short-term counterparty risk ratings (CRRs) in foreign and national currencies at the Ba3/Not Prime level, "Pozitivniy" forecast.
On March 27, trading of Wardat al Hayat fund units, operating based on Islamic finance principles, started on KASE.
$
5%Per annum
₸
19-20%Per annum
$
4%Per annum