Kazakhstan Targets $10 Billion in Investments for Key Projects Over Three Years
Kazakhstan aims to attract $10 billion in investments for major projects by 2027, announced during a government session chaired by Prime Minister Olzhas Bektenov on Dec. 11. Key partners include CHN Energy, Carlsberg, PepsiCo, ULTRADECOR, and LASSELSBERGER GROUP, according to the Prime Minister's press service.
In 2024, Kazakh Invest launched 22 projects worth $1.1 billion, creating 4,800 jobs. Notable achievements include tungsten ore processing in the Almaty Region and antitumor drug production in Almaty. Agreements for seven additional projects, valued at $2.5 billion, include a one-gigawatt wind farm in the Zhambyl Region, dairy facilities in the Almaty Region, and a greenhouse complex in Shymkent.
Kazakh Invest prioritizes deep grain processing, coal chemistry, petrochemistry, and oil and gas equipment production. The company is also advancing a digital ecosystem to streamline investment processes with mechanisms like a "green corridor" and prosecutor’s filter to ensure efficiency and transparency.
Photo credit: primeminister.kz
