Kazakhstan is located in the centre of the Eurasian continent. Its territory is as large as 2 million 724,9 thousand square kilometers and accordingly it occupies the ninth place in the world by its size. In the North and West the republic has common borders with Russia, in the East with China, in the South with Kyrgyzstan, with Uzbekistan and with Turkmenistan.
The state language is Kazakh. The Russian language has the status of a language of interethnic communication. Monetary unit - tenge. Population is over 16 million people. The capital is the city of Astana.
The Republic of Kazakhstan is an industrial country with mining operations being one of the main sources of its economic growth. The country’s mineral raw material base consists of more than 5 000 deposits which expected value is estimated at tens of trillion US dollars. The country holds first place in the world with regard to explored reserves of zinc, tungsten and barite, second - silver, lead and chromites, third - copper and fluorite, fourth - molybdenum, sixth - gold.
Kazakhstan also has considerable reserves of oil and gas, which are concentrated in its western areas. Nowadays the country belongs to the group of the world’s leading oil-producing states with volumes amounting to more than 80 million tons of oil and gas condensate a year. According to plans the annual extraction will be increased to 120 million tons by 2020. At present Kazakhstan is in 9th place in the world with regard to confirmed reserves of oil. Besides that, the country is in 8th place by the reserves of coal and 2nd place by the reserves of uranium.
Over the years of independence Kazakhstan attracted 150 billion US dollars of foreign investments that makes up about 70 % of the total amount of all investments attracted to the Central Asia.
Kazakhstan is implementing a large scale project “New Silk Way” which aims to revive the country’s historical role as a connecting link in the continent and transform it into a largest business and transit hub of the region, a bridge between Europe and Asia. As a result of implementation of this mega-project by 2020 the volume of cargo traffic passing through the country should increase by nearly 2 times and subsequently make up at least 50 million tons a year.
The stable growth of all branches of the economy, the international recognition, the political stability serve as a basis for prosperity of the Kazakhstani society. Kazakhstan is a country that aspires to the future, honors its cultural traditions and successfully realizes the huge creative potential in the modern highly-competitive world.