Kazakhstan to Invest $14.3 Billion in Infrastructure Through 2029
Astana – October 29, 2026 -- Kazakhstan will invest about $14.3 billion (6.5 trillion tenge) from its National Fund in infrastructure through 2029, President Kassym-Jomart Tokayev announced Wednesday in his state-of-the-nation address. The program aims to speed up growth in Central Asia's largest economy and reduce its dependence on raw materials.
The IMF projects that GDP per capita could rise above $19,000 as a result, up from $14,770 in 2025. Gold and foreign-exchange reserves plus National Fund assets now exceed $130 billion.
Social projects receive $3.3 billion by February 2027
A first tranche of $3.3 billion is earmarked for social projects by February 2027. It covers 70 healthcare facilities and about 50 education, sport and cultural venues. Tokayev said next year will be declared the year of nationwide construction.