ASTANA, Jan 29: Kazakh Prime Minister Olzhas Bektenov convened a meeting to discuss launching a new investment cycle to significantly increase the volume of high-quality investments. This initiative follows instructions from the President. Attendees included Kazakh Prosecutor General Berik Assylov, various ministers and regional governors, as well as executives from Samruk-Kazyna, Baiterek, Kazakh Invest, and the Atameken National Chamber of Entrepreneurs.
During the meeting, participants examined the collaborative efforts of the Government, the General Prosecutor’s Office, national companies, and other organizations to create a new integrated ecosystem that supports investment. The Prime Minister highlighted an updated investment policy concept for 2030, which aims to triple investment volumes. A key aspect of this plan is establishing a favorable investment climate, ensuring productive operations, and safeguarding investor rights.
Deputy Prime Minister – National Economy Minister Serik Zhumangarin indicated that fixed capital investments in 2025 are expected to reach 22.7 trillion tenge. By 2026, the target is to attract 25.2 billion US dollars in foreign direct investments, develop 475 investment projects valued at 16 trillion US dollars, and create more than 1,100 permanent jobs.
Currently, the national digital investment platform features 1,047 projects in the nationwide pool, totaling up to 74.5 trillion tenge. Last year alone, 273 projects valued at 2.49 trillion tenge were initiated. The investment policy concept emphasizes the necessary tripling of investment volumes.
Deputy Foreign Minister Aliibek Kuantyrov presented strategies for enhancing engagement with external investors. He mentioned several significant projects, such as a 4 billion US dollar coal-chemical complex in Karaganda, a 70 billion US dollar sanitary ware and bathroom furniture plant in the Kyzylorda region, an 800 million US dollar deep corn processing plant in Zhambyl, and feed plants in the Kostanay and Almaty regions worth 58 million US dollars. Additionally, there is a 250 million US dollar soybean deep processing project. The Almaty region has successfully attracted 1.3 trillion tenge in investments.
