ADVERTISEMENT Kazakhstan is expanding its SME sector with targeted reforms, financing, and state-backed guarantees worth nearly €18 billion by 2027. New incentives support joint ventures, foreign entrepreneurs, and local manufacturing, with over 11,000 SMEs already operating under shared ownership. The DAMU Fund plays a key role, having financed over 1,600 foreign-led projects. European investors are finding opportunity in sectors like agribusiness, logistics, and IT. As Kazakhstan shifts from