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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.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Russia is in talks with Kazakhstan over possible petrol imports after refinery disruptions tightened domestic fuel supplies, four industry sources told Reuters.
The Trump administration is expected to move forward with a proposed $750 million sale of F-110 jet engines to Türkiye despite objections from a senior Democratic lawmaker, according to media reports.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
Kazakhstan secured agreements and investment commitments worth $12 billion during President Kassym-Jomart Tokayev's official visit to Brussels on 22–23 June, underlining the growing economic importance of ties between the European Union and Central Asia's largest economy.
The United Nations Public Service Forum has opened in Tbilisi, Georgia, for the first time, bringing together 420 participants from nearly 100 countries to discuss public sector governance, digital transformation and citizen-centred service delivery.
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