Tokayev Orders Social-Infrastructure Program as Kazakhstan Posts 4.1% First-Half GDP Growth
Updated
Updated · Astana Times · Jul 13
Tokayev Orders Social-Infrastructure Program as Kazakhstan Posts 4.1% First-Half GDP Growth
3 articles · Updated · Astana Times · Jul 13
Summary
July 13 talks in Astana ended with President Kassym-Jomart Tokayev ordering a large-scale social and infrastructure buildout, centered on modern healthcare facilities, after reviewing first-half economic results.
GDP grew 4.1% in January-June, led by manufacturing at 9.8% and construction at 15.2%, while fixed-capital investment reached 9.5 trillion tenge and private investment rose 21.4%.
Bektenov said Kazakhstan plans 200 manufacturing projects worth 1.7 trillion tenge this year, creating 17,000 permanent jobs, alongside major road works, a second Astana airport and the next LRT phase.
Inflation still ran at 10.3% in June as the government pursued income-support and social-payment reforms expected to save more than 800 billion tenge annually, while energy upgrades target 12,000 kilometers of utility networks this year.
The review also highlighted longer-term bets on AI and tourism, including a 250-megawatt Data Center Valley project with more than $10 billion in foreign investment and the Almaty SuperSki resort due in 2028.