photo: Sputnik Kazakhstan
Companies from Czech Republic are expanding their footprint in Kazakhstan, with plans ranging from car assembly and industrial manufacturing to potential uranium purchases from Kazatomprom national nuclear company.
Czech businesses are increasing their activity in the country’s growing industrial and energy sectors. One of the key projects includes a $8.2 million initiative by Škoda Auto to assemble vehicles locally in Kazakhstan, The Caspian Post reports via Kazakh media.
Another company, BBS, is planning to launch production of heat exchangers by the end of 2026 with an estimated investment of $9 million, further strengthening industrial cooperation between the two countries.
In the energy sector, Czech utility giant ČEZ Group is exploring long-term collaboration with Kazatomprom, including uranium supply agreements previously signed between the sides.
Officials say growing Czech interest is contributing to rising foreign direct investment in Kazakhstan, which increased by 14.4% in 2025 to $20.5 billion. A significant share of these investments has gone into new “greenfield” projects built from the ground up.
At the forum, six cooperation agreements were signed between Kazakh and Czech companies, covering potential joint ventures in energy, transport, machinery production, and insurance - signaling a broader push to strengthen economic ties.
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