{"id":256417,"date":"2026-11-09T20:24:27","date_gmt":"2026-11-09T19:24:27","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=256417"},"modified":"2026-11-09T20:31:11","modified_gmt":"2026-11-09T19:31:11","slug":"kazakhstan-to-allocate-13-7-billion-for-infrastructure-development","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/kazakhstan-to-allocate-13-7-billion-for-infrastructure-development\/","title":{"rendered":"Kazakhstan to allocate $13.7 billion for infrastructure development"},"content":{"rendered":"<p><strong>Kazakhstan<\/strong>, Central Asia&#8217;s largest country, plans to allocate about <strong>$13.7 billion<\/strong> from its National Fund to upgrade <strong>infrastructure<\/strong>, Kazakh Foreign Minister Mukhtar Tileuberdi said Monday.<\/p>\n<p>According to the diplomat, the country aims to reach the target by the <strong>end of 2029<\/strong>, a timeframe during which Astana also expects to attract additional foreign investment to carry out large-scale projects.<\/p>\n<p>&#8220;Amid unprecedented global turbulence and geoeconomic fragmentation, Kazakhstan remains firmly committed to a <strong>balanced and pragmatic foreign policy<\/strong>,&#8221; Tileuberdi said at a meeting with foreign diplomats.<\/p>\n<p>He emphasized that Astana intends to leverage its diplomatic relations more actively to attract capital, form joint ventures, and transfer technology.<\/p>\n<p>&#8220;Our goal is true partnership: establishing joint ventures, full localization of production, the transfer of advanced technologies, and investment in human capital,&#8221; he said.<\/p>\n<p>Regarding priority sectors for cooperation with international partners, the minister highlighted <strong>energy, agriculture, digitalization, and water security<\/strong>.<\/p>\n<p>In the energy sector, the nation aims to achieve a sustainable electricity surplus by 2029 by building new power plants, modernizing existing facilities, developing renewable energy sources, and rolling out electricity storage systems, Kazakh authorities have said.<\/p>\n<p>In the digital sphere, Astana is prioritizing alliances to develop artificial intelligence, build data centers, digitalize transportation, and implement emerging financial technologies.<\/p>\n<p>The Kazakh minister underscored that the country is also paying close attention to water diplomacy, building on President Kassym-Jomart Tokayev&#8217;s initiative to establish an <strong>International Water Organization<\/strong> under the auspices of the United Nations. EFE<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kazakhstan, Central Asia&#8217;s largest country, plans to allocate about $13.7 billion from its National Fund to upgrade infrastructure, Kazakh Foreign Minister Mukhtar Tileuberdi said Monday. According to the diplomat, the [&hellip;]<\/p>\n","protected":false},"author":198164071,"featured_media":256418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[123771],"tags":[124444,128734],"class_list":["post-256417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-kazakhstan","tag-mukhtar-tileuberdi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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According to the diplomat, the country aims to reach the target by the end of 2029, a timeframe during which Astana also expects to attract additional foreign investment to carry out large-scale projects. 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