27 November 2015 | 13:59

American billionaire Jim Rogers considers investing in Kazakhstan

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Jim Rogers. Photo courtesy of finance.yahoo.com Jim Rogers. Photo courtesy of finance.yahoo.com

American billionaire and investor Jim Rogers is thinking about investing in Kazakhstan. He came to Kazakhstan for the Astana Invest 2015, an international investment forum held on October 29-30 in Kazakhstan’s capital Astana, Tengrinews reports.


American billionaire and investor Jim Rogers is thinking about investing in Kazakhstan. He came to Kazakhstan for the Astana Invest 2015, an international investment forum held on October 29-30 in Kazakhstan’s capital Astana, Tengrinews reports.

“I have never invested in Kazakhstan before for many reasons. And one of them is that Kazakhstan used to be closed for other countries. But everything has changed and now I am considering a lot of options. I even have a list of companies, where I might invest. Everything is possible,” Jim Rogers said in an interview to Tengrinews.

Speaking about the oil-producing Central Asian country, he said: “I am very happy to be here. I have been here more than 5 or 6 times. When I think about Kazakhstan, the first thing that comes to my mind is of course its steppes. They are so wide. I drove around a few times, and they are very vast,” he said.

Earlier this year, in an interview to CNN Jim Rogers advised to invest in emerging economies, including Kazakhstan. "Places you could look at now are Iran, some African countries, Kazakhstan. These are not very big markets, but they are starting to open up and change," he said then.

Writing by Assel Satubaldina, editing by Tatyana Kuzmina

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