Photo credit: gov.kz
At an expanded government meeting chaired by President Kassym-Jomart Tokayev, Prime Minister Olzhas Bektenov said that the current pace of growth in Kazakhstan’s manufacturing sector remains insufficient to deliver full economic diversification.
Bektenov noted that to accelerate development, the Government is rolling out targeted projects to boost processing industries, including advanced metallurgy, mechanical engineering, and agro-industrial initiatives. Many of these projects are being financed through the Baiterek National Managing Holding, The Caspian Post reports via Kazakh media.
The prime minister said that more than 200 new industrial facilities were commissioned in 2025, with 200 more nearing completion. He emphasized that sustained investment growth in manufacturing depends on a strong raw material base, making geological exploration a strategic priority.
In 2025, Kazakhstan began work on a new detailed geological map at a 1:50,000 scale, replacing the outdated Soviet-era 1:200,000 mapping. Over the next three years, the country plans to invest $500 million in geological exploration - compared with $760 million invested over the past three decades. Around 100,000 square kilometers will be explored, with an additional 30,000 square kilometers surveyed annually thereafter.
Since 2023, more than $500 million in private investment has already been directed into exploration projects, signaling growing investor interest in strengthening Kazakhstan’s industrial and resource base.
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