30 October 2025, 16:00
Prime Minister Olzhas Bektenov held a meeting on the implementation of the instructions of the Head of State on attracting investments into the economy, given in the Address to the Nation “Kazakhstan in the Era of Artificial Intelligence: Current Challenges and Their Solutions Through Digital Transformation.” Attention was focused on improving the efficiency of the work of ministries and akimats to increase the volume of investments and the pace of launching investment projects in the regions.
Reports were presented by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin, Deputy Minister of Foreign Affairs Alibek Kuantyrov, regional akims, as well as First Deputy Prosecutor General of the Republic of Kazakhstan Zhandos Umiraliyev.
Prime Minister Olzhas Bektenov emphasized the task set by the Head of State to attract $150 billion in foreign investment into the country’s economy by 2029. According to data from the Ministry of National Economy, the total volume of investments in fixed capital for the first nine months of this year amounted to 13.8 trillion tenge, which is 13.5% more than in the same period of 2024. The highest growth was recorded in the energy sector, manufacturing industry, agriculture, and transport. The main volumes of funds were directed to real estate operations, transport, and the mining industry. Among the regions, the leaders in achieving planned investment indicators are Astana city, Turkistan, and Karaganda regions. Lagging behind the plan are Atyrau, Ulytau, Abai regions, and others.
As of October 2025, within the Unified National Pool, 185 investment projects have been implemented in Kazakhstan, and by the end of the year, the launch of another 268 projects is planned (in 2024 – 230 projects). The total volume of gross foreign direct investment (FDI) amounted to $10.1 billion. Funds are being actively attracted to the manufacturing industry, financial sector, transport, communications, and energy. The leaders in achieving planned FDI indicators are North Kazakhstan, Akmola, Turkistan regions, and Astana city. Regions that have not met their targets include Pavlodar, Karaganda, Atyrau, Aktobe, Almaty, East Kazakhstan, and Abai regions, among others.
The Prime Minister stressed that the annual plan for attracting investments in fixed capital has been fulfilled by 52.7%, and for FDI – less than half. He noted that the slowdown in growth rates is often caused by shortcomings on the part of state bodies, such as delays in project implementation and excessive bureaucratic procedures.
In Atyrau region, the implementation of the plan for fixed capital investment (FCI) amounted to only 42.8%. In Ulytau region, there remains dependence on large companies – 61.5% of FCI. It was instructed to strengthen work with medium-sized enterprises. In Abai region – 70.4% for FCI and 26.2% for FDI. Due to supply chain disruptions, problems have arisen in the implementation of several industrial facilities, including a copper smelting plant and a sunflower oil refining workshop.
“Akimats and ministers must personally deal with investment attraction issues on a daily basis. This is the most important issue. Without investment, there will be no economic development. I instruct akims of lagging regions to hold their deputies accountable for failure to achieve target investment indicators,” Olzhas Bektenov emphasized.
During the meeting, measures to increase the efficiency of the investor support system were reviewed. Attention was given to issues of infrastructure development for the timely launch of large investment projects.
In addition, issues of investor rights protection were discussed. Within the framework of joint work between the Investment Headquarters and the General Prosecutor’s Office of the Republic of Kazakhstan, administrative barriers at the local level are being eliminated. The introduction of the “prosecutorial filter” for investors included in the register made it possible to prevent 380 illegal inspections, 450 administrative proceedings, and about 200 restrictive measures. Assistance was provided to 1,800 investors whose contribution to the country’s economy amounts to approximately 19 trillion tenge.
Following the meeting, the Prime Minister instructed heads of state bodies and regional akims to intensify efforts to attract investment, create favorable conditions for investors, and strengthen control over project implementation.
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