5 publishers · first seen Wed, 28 Oct 2026 17:00 UTC · updated Sat, 31 Oct 2026 06:10 UTC
Kazakh President Kassym-Jomart Tokayev called for a major infrastructure push, proposing the allocation of 6.5 trillion tenge (approximately $14.4 billion) from the National Fund for projects through 2029, including 1.5 trillion tenge ($3.3 billion) for social projects from 2026 to early 2027. He designated next year as the Year of Nationwide Construction and urged faster progress on the Balkhash and Moyynkum nuclear power plants, stressing nuclear energy's fundamental importance after the 2024 referendum on the issue.
Tokayev emphasized developing logistics infrastructure, citing the Bakhty-Ayagoz railway line and the Aral-Caspian Highway, which began construction in August and will shorten the Trans-Caspian route by 1,000 kilometers, reducing cargo delivery time to three days. He criticized inefficient energy management, corruption, and bureaucratic obstacles to investment, calling for centralized investment policy and improved road, rail, and air transport systems.
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