Kazakhstan to invest $3 billion in new industrial projects

Kazakhstan is set to launch a large-scale industrial expansion in 2025, with the government committing $3 billion to implement 190 new projects nationwide. These initiatives are expected to create around 23 000 permanent jobs and boost long-term economic development.

A major focus of the investment will be the mining and metallurgy sector - one of the country’s key economic drivers. Nearly $839 million will be allocated to building new production facilities across regions such as Karaganda, Turkistan, Akmola, Pavlodar, and Zhambyl. These facilities will manufacture a range of metal products, including copper, aluminum, and ferroalloys.

Looking ahead, Kazakhstan plans to double its copper ore production to 300 million tons by 2030, with new mining operations slated for Aidarli, Koksay, and Benkala. Iron ore output is also set to grow by 40%, reaching 52 million tons, supported by domestic processing and the launch of hot briquetted iron projects.

To increase the value of its industrial exports, the government is prioritizing deeper processing of raw materials. By 2025, copper refining is expected to double, aluminum processing will grow by 50%, lead production will more than double, and zinc output is projected to rise by 11%.

Metallurgy already accounts for 8% of Kazakhstan’s GDP, employs about 224 000 people, and produced over $14 billion worth of goods in 2023. Officials say the new investment wave will further accelerate the shift from exporting raw materials to producing high-value industrial goods.

Deputy Minister of Industry and Construction Olzhas Saparbekov emphasized that the strategy aims to modernize Kazakhstan’s industrial base and position it as a competitive, export-oriented economy.

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