Kazakh PM instructs to enhance efforts to attract private investment

Kazakh PM instructs to enhance efforts to attract private investment

Samruk Kazyna is implementing 46 investment projects worth over 33 trillion tenge across sectors such as oil and gas, petrochemicals, energy, transport, logistics and others. This was reported by Samruk Kazyna CEO Nurlan Zhakupov at a meeting of the Board of Directors with the participation of Kazakh Prime Minister Olzhas Bektenov. The meeting focused on the Fund’s performance in 2024 and its further development in line with directives set by President Tokayev at an expanded government meeting. This year, 66 settlements in the Zhetisu region are set to get a gas supply due to commissioning of the Taldykorgan-Usharal main gas pipeline. Additionally, a desalination plant with a capacity of 50,000 cubic meters per day will be launched in the Mangystau region. A significant boost to transit development will come from increasing the capacity of the Trans-Caspian International Transport Route and the Dostyk-Moiynty railway section. Bektenov instructed to intensify efforts to attract private investment, with a focus on infrastructure, industry, transport, digitalization and artificial intelligence. He also emphasized the need for strict control over project implementation timelines and overall efficiency.

«The construction of the second line of the Beineu-Bozoi-Shymkent gas pipeline, two gas processing plants in Kashagan and Zhanaozen, as well as polyethylene and butadiene production plants - we must ensure the timely commissioning of all these projects. I have visited most of these facilities and seen them firsthand. Therefore, this issue requires focused attention,» Bektenov noted.