The Ministry of Industry and Construction of the Republic of Kazakhstan has shared information regarding investment projects planned for 2025, as reported by Kazpravda.kz
These projects are expected to not only improve the current economic situation but also implement a long-term development strategy for the country.
The primary focus of Kazakhstan's economic development is attracting investments in the manufacturing industry. This will help reduce the country's dependence on raw materials, facilitate technological modernization, and increase domestic production volumes. A significant portion of the projects in this context is aimed at developing Kazakhstan's manufacturing sector. Investment initiatives also contribute to enhancing economic development in the regions and increasing job opportunities.
Main Areas of Investment Projects and Significant Initiatives
The investment projects being implemented in Kazakhstan in 2025 cover a wide range of industries. However, the most notable projects are planned in the fields of vehicle production, household appliances manufacturing, and metallurgy. These initiatives will not only meet the needs of the domestic market but will also influence the enhancement of the country's export potential.
In the area of automotive production, a multi-brand plant for the manufacturing of passenger cars by the motor company "Astana-Motors" is set to launch in Almaty in 2025. The production capacity of this plant is expected to reach 90,000 vehicles per year, creating approximately 2,200 new jobs. The introduction of production for several brands of passenger cars will significantly boost export capabilities and foster the development of Kazakhstan's automotive industry.
A significant milestone will be the opening of the "KIA Qazaqstan" plant in the Kostanay region. This facility will produce 70,000 KIA vehicles annually and create 1,500 new jobs. This project will enhance the machinery manufacturing sector and improve Kazakhstan's competitiveness in the automotive market.
One of the new projects in the household appliance manufacturing sector in Kazakhstan is the "ALMATY TURMYSTYQ TEHNIKA ZAVODY." A factory for producing household appliances will be built in the Almaty region, with an annual production volume of 750,000 units. This project will also create 1,200 new jobs and increase the share of household appliance production in Kazakhstan. The expansion of production capacities will help meet the domestic market's needs and enhance export opportunities.
In Shymkent, the "QazAlPack" project aims to modernize the production capacities of a factory that produces aluminum packaging. This initiative will enhance Kazakhstan's industrial potential by creating 112 jobs and introducing new technologies and products.
In the Atyrau region, the "TeksolTrans" project will establish a factory for manufacturing freight wagons, which will create 180 jobs upon its implementation. Additionally, the "Kazpolygraph" project will be launched in the Abai region to produce cardboard packaging for liquid products. This project will not only meet the domestic market's demands but will also contribute to the growing demand for cardboard packaging.
Regional Development and Investments
The scale of projects implemented in each region of Kazakhstan varies significantly. The majority of investment projects are carried out in the Turkestan region and the city of Almaty. In the Turkestan region, 15 projects will be launched, while 14 will be initiated in Almaty. This has a substantial impact on the economic development of these regions and facilitates the creation of new jobs.
Furthermore, the Kostanay and Karaganda regions lead in terms of investment volume. These regions plan to implement significant projects in the manufacturing and machinery sectors. The projects undertaken in these areas aim to increase industrial production and manufacturing capacities, thereby strengthening Kazakhstan's national economy.
Thus, in 2025, the largest portion of planned investments will be directed towards the manufacturing industry. An influx of investments amounting to 1,200.7 billion tenge is anticipated in this sector, which will create 19,640 new jobs. This will contribute to the development of the manufacturing sphere.
The machinery manufacturing sector of Kazakhstan is also a focal point. More than 7,800 new jobs will be created in this field. Machinery manufacturing is one of the key sectors of Kazakhstan's economy. Investments in this area will help increase domestic production capacities, introduce new technologies, and enhance the country's competitiveness.
The black metallurgy sector also holds a significant position. An investment of 256 billion tenge has been allocated to this industry, which will facilitate the expansion of production capacities, the creation of new jobs, and an increase in the share of metallurgical products in the domestic market. The development of this sector will also enhance Kazakhstan's industrial potential.
Economic Efficiency and Impact
As these projects reach full capacity, the total production volume will amount to 2.2 trillion tenge, with 0.8 trillion tenge allocated for export. This will enhance Kazakhstan's influence in the international market and improve its competitiveness in foreign trade.
Moreover, the expected volume of import substitution through the planned projects is projected to be 1.4 trillion tenge. This step will strengthen the country's domestic production and reduce dependence on imports. Import substitution will enhance the productivity of Kazakhstan's industrial sectors and ensure the competitiveness of the national economy.
The investment projects being implemented in Kazakhstan in 2025 represent crucial initiatives aimed at diversifying the country's economy, increasing export potential, and creating new job opportunities. As a result of these projects, Kazakhstan is set to become a competitive country in the global market. The introduction of new technologies in the economy, the establishment of new productions, and the creation of new jobs present significant opportunities for Kazakhstan's long-term development.