Kazakhstan’s GDP grows by 4.1% in first half of year

Kazakhstan’s GDP grew by 4.1% in the first half of the year. Prime Minister Olzhas Bektenov today briefed President Kassym-Jomart Tokayev on the country’s socio-economic development. The main drivers of growth were the manufacturing industry, transport, construction, trade, and agriculture. Investment in fixed capital reached 9.5 trillion tenge. Bektenov reported that around 200 new manufacturing projects are scheduled to be launched by the end of the year. In the construction sector, up to 20 million square metres of housing will be commissioned. The meeting also placed particular emphasis on implementing the President’s instructions on digitalization and the development of the national AI infrastructure. Bektenov also briefed the President on the Data Center Valley project. The Head of State was further updated on measures to implement the new Constitution, including aligning national legislation with the Basic Law and strengthening the principles of Just Kazakhstan and Law and Order. Following the meeting, President Tokayev instructed the Government to continue systematic efforts to ensure the country’s dynamic development and to begin implementing a large-scale program for the construction of social and infrastructure facilities. 

Web-editor: Арайлым Серқанова