Kazakhstan has adopted a National Infrastructure Plan until 2029, comprising 204 projects in energy, transport, digital, and water infrastructure sectors worth nearly 40 trillion tenge (US$81.8 billion). The plan aims to drive economic growth, with a focus on non-oil sectors. The manufacturing industry has shown positive dynamics, with 56 enterprises already in production out of 180 new projects planned. This growth is expected to continue, with the government allocating over two trillion tenge (US$4 billion) for large-scale infrastructure initiatives.
The government also plans to attract at least $150 billion in foreign direct investment and increase fixed capital to 23% of GDP. To achieve this, Kazakhstan has ratified an intergovernmental agreement with Qatar, worth approximately $20 billion in industrial and infrastructure projects. These investments will support Kazakhstan’s economic growth and development goals.
