Kazakhstan Set to Attract $2.2 Billion in Manufacturing Investments for 2025

Kazakhstan is poised to receive an investment inflow of 1.2 trillion tenge (approximately US$2.2 billion) into its manufacturing sector in 2025, which will generate 19,640 new jobs, according to the Ministry of Industry and Construction. This investment will support the implementation of 190 projects across key sectors, including mechanical engineering and ferrous metallurgy.

Among the largest initiatives are projects in vehicle production, household appliances, and metallurgy. Astana-Motors will establish a multi-brand passenger car production plant in Almaty with an annual capacity of 90,000 cars, creating 2,200 jobs. Similarly, the KIA Qazaqstan plant in the Kostanai Region will produce 70,000 cars annually, providing 1,500 jobs. Additionally, a new household appliance factory in the Almaty Region will produce 750,000 units annually, generating 1,200 jobs.

The QazAlPack project in Shymkent will modernize an aluminum bag plant, adding 112 jobs, while the Texoltrans initiative in the Atyrau Region will establish a freight car manufacturing plant, creating 180 jobs. Furthermore, the Kazpoligraf project in the Abai Region will focus on producing cardboard packaging for liquid products.

The combined output of these projects is expected to reach 2.2 trillion tenge (US$4.1 billion), with 0.8 trillion tenge (US$1.5 billion) allocated for exports and 1.4 trillion tenge (US$2.6 billion) designated for import substitution. This investment will significantly bolster Kazakhstan’s manufacturing capacity and strengthen its economy.

Photo credit: primeminister.kz

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© Свидетельство о постановке на учет периодического печатного издания, информационного агентства и сетевого издания №KZ15VPY00079493 выдано 19.10.2023