Vice Minister: Kazakhstan’s Economy Gaining Strength, Investment Climbs

Kazakh Vice Minister of National Economy Arman Kassenov has said that Kazakhstan’s economy continues gaining strength, with capital investments reaching 11.5 trillion tenge ($21.219 billion) over the first eight months of 2025.

Kassenov made these remarks at a briefing of the Central Communications Service, The Caspian Post informs via Kazakh media.

Kazakhstan has adjusted to evolving global conditions and sustained its growth trajectory. From January through August, GDP expanded by 6.5 per cent, with the real sector rising 8.8 per cent and the services sector growing 5.1 per cent.

“Kazakhstan’s economic momentum is driven by key sectors such as transport services, construction, trade, mining, manufacturing, and agriculture,” Kassenov said.

Capital investment surged 14.3 per cent year-over-year, underlining confidence among investors and reinforcing development across industries.

According to figures shared by the ministry, several sectors registered striking gains compared to the same period last year:

Financial and insurance activities: +204 per cent

Education: +193 per cent

Manufacturing: +134 per cent

Agriculture: +129 per cent

Transport: +115 per cent

Kassenov also highlighted that since its independence, Kazakhstan has attracted over $465 billion in foreign direct investment, demonstrating the country’s long-term appeal to global capital.

Looking forward, the government plans to launch 202 new investment projects, with an emphasis on advancing food self-sufficiency and enhancing domestic production capabilities.