Kazakhstan Tourism Report Q4 2017
The tourism industry in Kazakhstan is one of the least developed in the region and the country's inbound market is small, particularly in comparison to more established Western and Eastern European destinations. The government has committed to the development of the tourism industry under plans to diversify the national economy and is making investments in a number of sectors in order to improve transport connections and enhance the range of attractions on offer. Despite these efforts, the growth outlook for the market remains weak, with developers deterred by an opaque investment environment and visitors deterred by an uncertain security environment and entry barriers.
Key Updates and Forecasts
In June 2017 the Kazakhstani government approved a new Concept of Tourism Development which will be implemented in two phases through to 2023. The new development plan will highlight a range of attractions such as the Ulytau State Nature Reserve and the Northern Trans-Balkhash area.
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