The article reveals the ways and features of the participation of foreign industrial and banking capital in the development of natural resources of the Kazakh land in the early XIX century and XX century. The authors give a comparative analysis of the capitals of European states, such as England, Germany, which were considered economic, financial, trade and technological centers in the XIX century and XX centuries, invested in the development of the wealth of the Kazakh land. The reasons for mutual competition of foreign states are assessed and attention is paid to strong and weak positions.

Since Russia in the XIX century began to lag behind in economic and technological development, Western countries became the object of capital development. Russia, which was unable to master the natural raw materials of the Kazakh land on its own, which was in the citizenship of tsarist Russia, sought to develop this region at the expense of foreign capital.

Due to the low potential of industrial development in Russia, Russian entrepreneurs have been creating mining and industrial enterprises with the participation of foreign capital in order to develop the minerals of the Kazakh land since the 60s of the XIX century. Russia began to sell the wealth of mining and oil reserves of the Kazakh land to foreign businessmen in concessions or at a low price, making the Kazakh land part of the economic zone of the Russian Empire.