Vietnamese investments in real estate and renewable energy in Central Asia are increasing, - EDB

Елена Краснова Economy
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According to the EDB, over nine years, accumulated foreign direct investments from Vietnam to the Eurasian region have increased and reached $825 million by 2026.

It is expected that the volume of these investments will grow from $613 million in 2016 to $825 million by mid-2025, which corresponds to a 34% increase and is accompanied by a diversification of investment geography.

To date, Russia continues to be the main destination for Vietnamese investments, attracting $570 million, which accounts for almost 69% of the total investment portfolio. However, its share is gradually decreasing due to asset depreciation in the oil and gas sector.

At the same time, Central Asia is becoming increasingly significant: in Kazakhstan, the volume of investments reached $128 million, while projects in real estate and renewable energy have intensified in Kyrgyzstan and Uzbekistan.

Significant changes have also occurred in the sectors where Vietnamese FDI is directed: the share of the raw materials sector has decreased from 87% to 25%, while the agro-industrial complex has become the leading direction, accounting for 63% of the entire portfolio.
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