Kazakhstan Develops $78.5 Billion Pipeline of 215 Investment Projects

Kazakhstan has formed a portfolio of 215 investment projects worth a total of $78.5 billion, «24KZ» reports.

The funds will be directed towards raw material processing, pharmaceuticals, energy and digital infrastructure. For example, new pharmaceutical projects will enable the localisation of production for more than 350 types of medicines in Kazakhstan. Another major project involves IT technologies. The country’s first Data Centre Valley facility is under construction in Ekibastuz, with expected investments of around $30 billion.

Kazakhstan has launched a new investment cycle focused on developing the manufacturing industry and expanding the deep processing of raw materials. A comprehensive business support ecosystem has also been established. One of its key instruments is investment agreements for projects worth more than 32 billion tenge, which guarantee stable operating conditions. Over the past five years, 66 such agreements have been signed, with a total value of 17 trillion tenge.