KazTransOil boost oil transit from Aktau port to Baku

Permanent Mission of the Republic of Kazakhstan to the World Trade Organization participated in the opening of the two-day Trade in Services for Development Conference, which commenced today at the WTO headquarters in Geneva, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.

The event was officially opened by WTO Director-General Ngozi Okonjo-Iweala, who emphasized that trade in services is one of the key drivers of global economic growth and requires special attention to enhance the participation of developing countries.

The Trade in Services for Development initiative, launched at the WTO Public Forum in September 2024, is a joint programme of the WTO and the World Bank aimed at building capacity and providing technical assistance to developing economies to strengthen their ability to benefit from trade in services.

Trade in services is currently one of the most dynamically growing segments of the global economy. Services account for around 65% of global GDP and more than 50% of worldwide employment. According to the WTO, global trade in commercial services exceeded USD 7.5 trillion in 2024, making services the largest and fastest-growing component of world trade. These trends underscore the importance of supporting countries seeking to increase their participation in global value chains in the services sector.

During the conference on 3-4 December 2025, the WTO Secretariat and the World Bank are presenting new tools, analytical materials, and programmes developed or updated under the initiative. Participants are discussing their practical applications, the needs of developing countries, optimal support mechanisms, and prospects for enhanced cooperation.

The event brings together government officials, international organizations, the private sector, and expert communities to exchange experiences, discuss best practices, and explore ways to strengthen joint efforts.

 

Kazakhstan’s probable uranium reserves exceed 2 million tons, Energy Vice Minister Yerlan Akbarov revealed at today’s plenary session of the Kazakh Senate, Qazinform News Agency reports.

He announced Kazakhstan’s prospective uranium reserves surpass more than 2 million tons. There are nine uranium provinces in Kazakhstan, including the Shu–Sarysu and Syrdarya basins, which are mainly represented by hydrogenic deposits. The remaining provinces are ore-based, which means they contain solid minerals.

Today’s plenary session of the Senate reviews in its first reading amendments to Kazakhstan’s Code on Subsoil and Subsoil Use aimed at improving regulations in the field of hydrocarbons and uranium.

Earlier, it was reported that the deputies’ initiative is focused on attracting investment in the exploration and production of hydrocarbons, as well as protecting the state’s interests in the uranium industry.

 

The Academy of the Eurasian Development Bank and the Academy of Public Administration under the President of the Republic of Kazakhstan held a three-day workshop titled Project Management and Project Finance for Public Officials of the Republic of Kazakhstan, EDB reports.

The workshop took place on 24-26 November in Astana and brought together 20 representatives of Kazakhstan’s ministries and government agencies responsible for economic policy, investment, infrastructure development, budgeting, digital solutions and risk management.

The event marked another step in strengthening cooperation between the EDB and government institutions and contributed to building a shared understanding of project finance opportunities in Kazakhstan. This, in turn, is expected to enhance the effectiveness of national development projects.

The workshop focused on strengthening the practical skills of public officials in project management and project finance. The programme combined substantive thematic sessions with hands-on exercises and case studies.

Speakers included representatives of Kazakhstan’s government agencies, faculty of the Academy of Public Administration, international consultants and senior EDB experts.

Azamat Tyuleubai, Senior Managing Director and Head of the EDB Project Unit, emphasised the importance of partnership between state bodies and financial institutions: "Project finance is an important mechanism for attracting investment to Kazakhstan. Thanks to the active engagement of government agencies, project finance in the country is gaining institutional stability: the state provides regulatory support, risk-sharing mechanisms and participation through development institutions. The EDB Academy can serve as a platform for exchanging views and studying international experience in major project-finance and PPP initiatives."

Participants explored the architecture of project management and the evolution of project finance in Kazakhstan, as well as the specifics of project structuring by international financial institutions. Particular attention was given to practical tools such as responsibility and risk matrices, project readiness checklists, credit quality analysis, performance evaluation, and monitoring mechanisms.

During the programme, participants examined real cases of sectoral and infrastructure projects, reviewed common mistakes in project preparation and gained access to research materials from the EDB and other multilateral development banks.

 

During his working visit to the provinces of Edirne, Kırklareli, Çanakkale, and Tekirdağ, the Consul General of Kazakhstan in Istanbul, Nuriddin Amankul, held bilateral meetings with the heads of 12 major companies in the region to discuss investment opportunities in the priority sectors of Kazakhstan’s economy, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.

Turkish companies expressed significant interest in the country’s investment potential and demonstrated their intention to develop new projects in areas such as vegetable oil production, fish products, cosmetics, construction materials, and dairy production.

During meetings with the governors of the mentioned provinces, the Consul General emphasized Kazakhstan’s interest in further strengthening cooperation with the Thrace region in both investment and cultural-humanitarian spheres.

As part of the visit, meetings were also held with the heads of the police and migration departments of Edirne, Kırklareli, Çanakkale, and Tekirdağ, during which an agreement was reached to jointly carry out awareness-raising activities on the legal rights and rules of stay in Türkiye for Kazakh citizens residing in the Trakya region.

In addition, meetings were organized with the rectors of universities located in these provinces, as well as with Kazakh students studying at these institutions. The university leadership noted the exceptional dedication of Kazakh students to their studies and expressed their willingness to further expand cooperation with Kazakhstan.

For their part, young Kazakh students studying in the Trakya region stated that they regularly organize various events to promote Kazakhstan’s culture and traditions, and emphasized their strong interest in receiving a high-quality education.

 

The Embassy of the Republic of Kazakhstan to Mexico held the Kazakh-Mexican Business Forum "Kazakhstan: A Land of Opportunity and Growth in New Realities". During the event, key investment prospects and conditions for doing business in Kazakhstan were presented to the Mexican business community, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.

Representatives of leading Mexican companies, chambers of commerce and industry, the Ministry of Foreign Affairs of Mexico, the government of the capital, the government of the State of Mexico, as well as media representatives, took part in the event.

Ambassador of the Republic of Kazakhstan to Mexico Almurat Turganbekov delivered welcoming remarks. He noted that Kazakhstan has firmly secured its status as an economic leader and a center of sustainable growth in Central Asia, attracting over 60% of all foreign investment in the region. The Ambassador emphasized the significant potential for expanding trade, economic, and investment cooperation between Kazakhstan and Mexico, and called on Mexican entrepreneurs to establish direct ties with Kazakhstani partners.

Forum participants were also briefed on the measures taken by the Government of Kazakhstan to improve the investment climate, business environment, and tax policy. Special attention was given to the provisions of President Kassym-Jomart Tokayev’s State of the Nation Address to the People of Kazakhstan "Kazakhstan in the Era of Artificial Intelligence: Current Challenges and Solutions through Digital Transformation".

A welcoming speech was also delivered by the Honorary Consul of Kazakhstan in Mexico City and the State of Mexico, and Vice President of the National Chamber of the Manufacturing Industry of Mexico (CANACINTRA) Carlos Barrera. He noted the growing interest of Mexican businesses in entering the Kazakhstani market and implementing joint projects.

An important part of the forum was a presentation on the development of Kazakhstan’s IT ecosystem, particularly the activities of Astana Hub, the largest technological hub in Central Asia. Participants were provided with information on the achievements of startups that emerged from this incubator and are now successfully operating in the markets of Europe, Asia, and the Americas.

To promote Kazakhstani IT solutions, the forum featured the participation of Biometric Vision (biometric identification) and Cybernet-AI (AI-based voice robots). They showcased their products and held discussions with representatives of leading Mexican companies, including Telmex, Pagacel, Schiller Americas-Mexico, Lendswap, Loaney, Vivus, AMARANTE, Alvos, Alamex, Bamboo Group, etc.

Following the forum, the parties discussed the prospects for implementing joint projects and agreed to strengthen partnerships in the fields of innovation, artificial intelligence, digital transformation, telecommunications, and finance.

 

Ambassador of the Republic of Kazakhstan to the State of Kuwait Yerzhan Yelekeyev held a meeting with Deputy Chairman of the Kuwaiti Danish Dairy Company (KDD) Bahia Ezzat Jaafar, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.

During the meeting, the parties discussed promising areas of bilateral cooperation in the agro-industrial complex and food security. The main focus was on opportunities for supplying Kazakhstani products to the Kuwaiti market.

The Kuwaiti side expressed interest in developing partnership relations with Kazakhstan, noting the country's high agricultural potential and considering Kazakhstan as a promising and reliable major supplier of food products.

For his part, the Ambassador noted that Kazakhstan is consistently moving away from an oil-dependent economic model and is giving priority to the development of the agro-industrial complex. He stressed that particular emphasis is now being placed on food security, expanding exports, and promoting the Qazaq Organic Food brand in foreign markets.

The parties noted their mutual interest in deepening trade and economic cooperation, confirmed their readiness to continue dialogue and work out specific areas of cooperation.

 

At the Government session, Minister of Energy Yerlan Akenzhenov reported on the state of the oil refining and petrochemical industries. He presented information on current production indicators, the implementation of digital systems, and strategic development plans, primeminister.kz reports.

According to the Minister, in 2024 the volume of oil refining amounted to 17.9 million tons. Planned indicators for the current year remain at the same level. It was noted that domestic refineries demonstrate a high level of digitalization, using advanced American and Japanese automated process control systems (Honeywell and Yokogawa).

In accordance with the Sector Development Concept, the following outlook has been outlined:

The implementation of these measures will increase total refining capacity to 40 million tons, fully meet domestic demand for fuel, and enable exports to neighboring countries.

Regarding the production of finished petroleum products, it was reported that the output for 2024 totaled 14.52 million tons, with a target of 14.55 million tons for the current year. By 2040, production is expected to double to 29.2 million tons, along with improvements in environmental fuel standards from class K4 to K5+.

The Minister of Energy also highlighted the sector’s focus on the efficiency of implemented information systems.

For example, the "Oil Transportation Management" information system automates the distribution of oil among producing companies, refineries, and transport operators. The system has 117 active users and more than 2,000 submitted requests.

The service has optimized processes by reducing the time required to form requests from 5 days to 1 day, and the approval of supply schedules from 7 days to 2 days. The submission and signing of schedules have been automated by 100%.

The "Oil Track" system ensures accounting of petroleum product turnover. A total of 123 oil depots are equipped with certified metering instruments, with data transmitted 24/7. After the system was introduced, request processing time fell from 3 hours to 10 minutes. The "grey" fuel market decreased by 20%. The use of artificial intelligence is being considered to forecast demand and logistics.

The Minister further reported that the petrochemical sector is demonstrating active growth. The output of petrochemical products (produced by KPI LLP, Neftekhim Ltd. LLP, Shymkent Chemical Company LLP, and ANPZ) totaled 540 thousand tons in 2024, an increase of 1.5 times compared to 2023. The target for the current year is 589.7 thousand tons.

In terms of new project implementation, it was noted that:

A notable example of digitalization was provided by KPI LLP, where the integration of the SAP ERP system automated contract management processes. This reduced document preparation time by 80% and shortened overall processing times by 30%.

 

At the Government session, Minister of Industry and Construction Ersaiyn Nagaspaev presented a report on the current state and development prospects of the manufacturing industry, primeminister.kz reports.

The head of the Ministry stated that this year the manufacturing industry is maintaining positive dynamics. Based on the results of the first ten months, the production volume exceeded 24 trillion tenge, increasing by 5.8%. The Minister noted that growth has been driven primarily by increased production in key segments:

A significant contribution to investment volumes is made by industrial projects already implemented. By the end of the year, the launch of 190 projects totaling 1.5 trillion tenge is planned. To date, 147 projects have already been implemented, resulting in the creation of more than 18 thousand jobs. Among significant examples, Ersaiyn Nagaspaev highlighted major projects for the production of passenger cars of Chinese brands Chery, Changan, Haval, and Tank, the production of freight railcars, tubing and sucker rods, aluminum packaging for the food industry, household appliances, as well as enterprises for wool processing and the production of textile materials.

He emphasized that the development of the sector is based on four key areas ensuring comprehensive support: financial accessibility, provision of raw materials at preferential prices, access to industrial infrastructure, and support for product sales.

Addressing financing issues, the Minister reported that state development institutions play a significant role. Since 2022, 116 projects have been financed through the preferential lending mechanism. More than 500 billion tenge were allocated from the budget for these purposes, and through additional market financing and blended finance mechanisms, the total amount increased to 700 billion tenge. As a result, production facilities for radiators, auto components, hosiery, paint and varnish materials, geosynthetics, and other goods have been launched.

With regard to the development of domestic processing, it was noted that one of the most effective measures is the provision of raw materials to domestic enterprises at a discount. Major mining companies are required to supply the domestic market with raw materials on a priority basis and may export only after meeting internal demand. This mechanism currently covers copper, aluminum, and zinc. The size of the discount depends on the level of processing: a five-percent discount is applied to finished products, and a one-percent discount to intermediate goods based on the price of the London Metal Exchange. Since the mechanism was introduced, 30 agreements have been signed. The Minister presented the expected results by the end of the year: copper processing is expected to increase by 40%, aluminum by 20%, and zinc by 25%. The possibility of expanding the list of raw materials subject to this mechanism is also under consideration.

According to the Minister, nearly all regions are implementing consistent policies on the development of industrial sites. At present, the country has:

To support small and medium-sized businesses, a program for the creation of Small Industrial Zones (SIZs) is being implemented. To date, 25 SIZs (out of 34 planned) have been established, with 44 enterprises operating in them. Further plans include developing new mechanisms for managing industrial sites and providing infrastructure funding from various sources.

The Minister reported on improvements in mechanisms ensuring priority access for domestic producers to regulated procurement.

In public procurement, the list of domestically produced goods subject to mandatory exclusion has been expanded to 4,854 items. The total value of contracts with domestic producers increased 1.5-fold compared to last year (to 418 billion tenge).

In the procurement system of the "Samruk-Kazyna" Fund, requirements for long-term contracts and off-take agreements have been strengthened. In the first ten months, Fund companies signed contracts totaling 1.3 trillion tenge, 2.3 times more than in the same period last year.

In the procurement of subsoil users of solid minerals, several amendments were introduced to activate internal reserves. As of July 1, the purchase of non-standardized goods through commodity exchanges was discontinued, and the Tizilim procurement platform was modernized. As a result, subsoil users signed contracts and off-take agreements totaling 1 trillion tenge, which is 7.7 times higher than last year’s figure.

The head of the Ministry highlighted two key digitalization areas.

The first is the digital transformation of production sites. Based on last year’s results, the share of enterprises implementing digital technologies increased from 12.9% (in 2022) to 19.2%, and the number of such enterprises increased from 390 to 1,073. Specific figures were presented: cybersecurity tools were implemented at 246 enterprises, cloud technologies at 142, industrial Internet of Things and artificial intelligence solutions at 72, and industrial robots are operating at 48 facilities.

The Minister also provided details on the application of technologies by sector:

It was also noted that, in accordance with the instruction of the Head of State, a Roadmap for the implementation of artificial intelligence has been developed. At major enterprises, including "SaryarkaAvtoProm", "Kazphosphate", Qarmet, "Kazzinc", ERG, KAZ Minerals, and Astana Motors, 41 AI solutions are being implemented.

The second direction of digitalization is the creation of the National Digital Information Ecosystem for Industry. The state information system Tizilim has been launched for analyzing the procurement of subsoil users (more than 6,000 customers and 900 suppliers are registered). Starting January 1, the Unified Registry of Kazakhstani Commodity Producers will be introduced to provide transparent and targeted support to enterprises with real production capacity.

Taking into account the instructions of the Head of State, next year the work will focus on transforming the activities of SEZs (improving efficiency, digitalizing operations, and refining selection criteria). To increase domestic processing, the expansion of the list of goods and further improvements to export legislation are planned. Monitoring of the implementation of the Domestic Value Development Program will continue. Jointly with relevant ministries, work will also continue on training engineering and technical personnel through dual education mechanisms.