The objectives of the Astana International Financial Centre (AIFC) Authority are to develop Kazakhstan’s non-banking financial sector, provide a favourable environment for investments, and become a financial hub for Central Asia, the Eurasian Economic Union, the Caucasus, West China, Mongolia and Eastern Europe. AIFC focuses on enhancing growth through its strategic pillars – capital markets, asset management, financial technology, Islamic finance and private banking – while paying attention to green finance. AIFC has been designated to boost investment and manage government funds. Kazakhstan has accumulated $112.4 billion in government funds and is reviewing its investment strategy.
