Kazakhstan is set to implement 84 major investment projects,
primarily in manufacturing, infrastructure, and housing construction.
Second-tier banks are ready to support these initiatives. This was announced
during a government meeting chaired by the Prime Minister, where the
implementation of the President’s directives on financing the real sector of
the economy was discussed. In lending, state guarantees will be increased,
enabling construction work to cover around 13,000 kilometers of roads and 585 kilometers
of railways. A record 19 million square meters of housing is also planned for
commissioning. The meeting also addressed taxation, the expansion of industries
eligible for preferential financing, and the implementation of digital
solutions to accelerate loan processing and improve interaction with government
agencies. Following the discussions, Olzhas Bektenov emphasized the importance
of jointly implementing new approaches to financing the economy and drew the
attention of bank leadership to the issue of local content. He noted that
supporting such business projects should be a priority.
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