Kazakhstan, with High Resource Potential Including New Oil Field Discoveries

Kazakhstan is one of the world's top 9 largest countries by territory, and as approximately 16% of its territory belongs to Europe, it is also called the first gateway to the east of Europe, a Eurasian country.

Oil and Gas Industry Accounting for GDP 25% and Discovery of New Fields

According to a video from the YouTube channel 'Understanding: All the Knowledge in the World', the core axis of Kazakhstan's economy is its resources. The oil and gas industry accounts for approximately GDP 25% of Kazakhstan's Gross Domestic Product (GDP).

The video explains that Kazakhstan's resource potential remains high, and new fields are still being discovered even now. In particular, the 'Kashagan oil field' near the Caspian Sea is considered one of the largest offshore oil fields discovered in the last 40 years. The area near the Caspian Sea is a region where oil fields are concentrated, characterized by abundant gas resources in the south and shallow oil fields distributed in the north.

Furthermore, as new technologies are introduced and Western oil majors enter and proceed with investments, fields that were previously not economically viable have acquired the technological capability to secure economic feasibility.

Resource-Based Economic Foundation and Social Infrastructure

Kazakhstan has an economic foundation based on resources, making it somewhat more economically stable compared to other Central Asia countries. This foundation has served as the basis for establishing social infrastructure, such as welfare systems and educational environments.

The video mentions that Kazakhstan's educational environment is surprisingly good. As Western oil majors are present, international school infrastructure is well-established, and it is explained that there are cases where students who graduate from international schools come to South Korea to receive university education. In addition, overall social infrastructure such as transportation, education, and welfare is well-equipped.

Relaxed Growth and Warm Cultural Characteristics

The emotional characteristics of Kazakhstani people are noted to be relaxed and warm-hearted. The video conveys that Kazakhstani people are broad-minded, so even if they are complete strangers, if someone asks for help on the road because their car broke down, they often do not turn a blind eye. It explains that even if they are busy with their own work, they may help until the car is fixed or even provide a tow.

Additionally, Kazakhstan gives a warm feeling even to foreigners, and a culture is established where family is prioritized over company dinners after work. The temperament of people who think rationally through the fusion of Eastern and Western ways of thinking was mentioned as a charm of Kazakhstan.