Opinion

Trade opportunities

Trade opportunities

By Ato Brown

Although Kazakhstan is the 9th largest country in the world, whenever we come to the country we tend to land in just one of two places: Astana (the capital) or Almaty (the former capital). We hear a lot about the oil-rich west, but few of us go there to explore business opportunities – a big mistake in my view. From what I’ve seen, I would claim that Aktau – in the western Mangystau region - is a gateway to Kazakhstan. Ato Brown, World Bank Country Manager for Kazakhstan, points out the strategic location of the Mangistau region on a map.I have visited this ‘oil capital’ twice this year and I have gained an understanding of the issues and opportunities is this developing region - named after the Mangystau peninsula. The potential is impressive – it has all the ingredients to become a transport and logistical hub for Eurasia, along the New Silk Road. In fact, transport traffic through Aktau is currently gaining prominence as an alternative route... — blog.wb.org/blogs