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Kazakhstan to Allocate $17 Billion for Economic Growth and Energy Projects

DATA AND AI INFRASTRUCTUREHYDRO POWER

Kazakhstan will allocate 8 trillion tenge (US$17 billion) to support economic growth and ensure a GDP increase of at least 5%, according to Deputy Prime Minister Serik Zhumangarin. The government aims to stabilize the economy, increase fixed capital investment to 18% of GDP, and raise household incomes by 2-3%.

Inflation is targeted to be reduced to a 9-11% corridor. Additionally, five hydropower plants will gain strategic status, and the Data Center Valley project will develop infrastructure in Ekibastuz. The country also plans to expand gas exploration to 30 areas, with estimated resources of 1.7 trillion cubic meters, to enhance energy security.

Kazakhstan to Allocate $17 Billion for Economic Growth and Energy Projects
Jan 23, 2026, 6:00 AM

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