Kazakhstan Prioritizes Infrastructure Modernization and Construction Growth
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What happened
President Kassym-Jomart Tokayev identified large-scale infrastructure modernization and construction development as a priority in his State of the Nation Address. The Bureau of National Statistics of Kazakhstan reported that the country's economy grew by 4.2% in January-September 2026. During that nine-month period, construction volume increased by 11.5%, reaching 7.812 trillion tenge, and 13.2 million square meters of housing were commissioned.
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Why it matters
Tokayev stated that the state will channel resources, including assets exceeding $130 billion, into regional development and new production facilities. The National Fund is expected to allocate about $14.3 billion by the end of 2029 for infrastructure modernization.
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Who's involved
- KazakhstanSovereign state prioritizing infrastructure modernization and construction
How it developed
Newest first. Tap a step to see who reported it.- Hitachi Construction Machinery has begun distributing its machinery in Kazakhstan.Sub-event
The state has prioritized infrastructure modernization and construction development, with the sector growing by 11.5% in 2026.1 source
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The entities involved
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Kazakhstan
sovereign state in Eastern Europe and Central Asia
Related events
- The government mandates regional infrastructure development, specifically involving the Kenderli Airport Project in Kazakhstan.
- Joint projects worth $6.9 billion are underway for power infrastructure development in Almaty, Kazakhstan.
- Kazakhstan's manufacturing sector has achieved stabilization as of November 2, 2026.