<P> Sir Suma Chakrabarti, the President of the European Bank of Reconstruction and Development (EBRD), co-chaired the Kazakhstan Foreign Investors' Council with President Nursultan Nazarbayev . In May 2014, the EBRD and government of Kazakhstan created the Partnership for Re-Energizing the Reform Process in Kazakhstan to work with international financial institutions to channel US $2.7 billion provided by the Kazakh government into important sectors of Kazakhstan's economy . The partnership will boost investment and drive forward reforms in the country . </P> <P> As of May 2014, Kazakhstan attracted $190 billion in gross foreign investments since its independence in 1991 and it leads the CIS countries in terms of FDI attracted per capita . One of the factors that attract foreign direct investments is country's political stability . According to the World Bank's report, Kazakhstan is among the top 40% of countries in the world that are considered the most politically stable and free of violence . </P> <P> Kazakhstan also received high ratings in a survey conducted by Ernst & Young in 2014 . According to EY's 2014 Kazakhstan Attractiveness Survey, "Investor confidence in Kazakhstan's potential is also at an all - time high with 47.3% of respondents expecting Kazakhstan to become increasingly attractive over the next three years ." The high level of economic, political and social stability and Kazakhstan's competitive corporate tax rate were the primary reasons mentioned for its attractiveness . </P> <P> The OECD 2017 Investment Policy Review noted that "great strides" have been made to open up opportunities to foreign investors and improving policy to attract FDI . </P>

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