The Astana Times
Editor’s note: In a recent interview with The Banker, Renat Bekturov, the governor of the Astana International Financial Centre (AIFC) spoke about the AIFC and the evolving landscape of investment opportunities in Kazakhstan. Below is the full text of the interview.
It has created a small but growing space for private investors. For example, one of the start-ups that operates in Tajikistan has registered in AIFC due to the rule of law. We see foreign investors requiring companies from the region to register here. Singapore’s venture capital firm Quest Ventures requires project start-ups to register with AIFC.
We also want to focus on innovation to enable start-ups to raise capital and explore their ideas within our regulator’s fintech sandbox. With the emergence of AI and blockchain, this is an area to focus on as a higher value-add industry to move the country’s economy forward.