Production Volume in the Manufacturing Industry Exceeds 24 Trillion Tenge
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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:
- in mechanical engineering - by 11.5%;
- in the chemical industry - by 10.9%;
- in the production of construction materials - by 5.3%;
- in metallurgy - by 0.7%.
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:
- 16 special economic zones (SEZs) that have attracted 10.4 trillion tenge in investments;
- 66 industrial zones hosting 305 projects with a total investment volume of 1.6 trillion tenge.
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:
- In the mining and metallurgical industry: digital twins of robots, computer vision, and big data processing.
- In the chemical industry: manufacturing operations management systems, resource planning systems, and occupational safety tools.
- In mechanical engineering: virtual training systems, 3D scanning of parts, and AI systems for risk monitoring.
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.
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Kazakhstan and Hungary Strengthen Strategic Economic and Investment Partnership
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The Ambassador of the Republic of Kazakhstan to Hungary, Abzal Saparbekuly, held a meeting with the State Secretary for Economic Development and Industry of the Ministry of National Economy of Hungary, Mate Loga, as well as with the Deputy State Secretary, Marton Bokai. During the meeting, the parties discussed the current state of trade, economic and investment cooperation between Kazakhstan and Hungary, as well as prospects for its further development, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
Both sides noted that Hungary is a key trade and economic partner of Kazakhstan in Central and Eastern Europe. Satisfaction with the steady development of bilateral economic cooperation and reaffirmed their mutual interest in its further deepening was also expressed.
Ambassador A. Saparbekuly confirmed Kazakhstan’s plans to diversify the structure of exports to Hungary and to increase export volumes to USD 700 million through supplies of products from the metallurgical, petrochemical, machine-building, food and construction materials industries. Hungary was highlighted as an important investment partner of Kazakhstan, emphasizing that since 2005 the total volume of direct Hungarian investments attracted to Kazakhstan economy has exceeded USD 409 million.
The activities within the Kazakhstan-Hungary Intergovernmental Commission on Economic Cooperation was also discussed in detail. Established in 2008, the Commission has become an important platform for the development of bilateral economic relations. The parties expressed hope that the 9th meeting of the Commission would be held in Astana in 2026, noting that this would contribute to further intensification of trade, economic and investment cooperation. In this regard, the importance of exchanging information on the implementation of the agreements reached within the framework of the Protocol of the 8th meeting of the Commission held in 2023, as well as discussing new areas of cooperation to be included in the agenda of the next meeting, was emphasized.
One of the key initiatives of bilateral cooperation is the establishment of the Kazakhstan-Hungary Joint Investment Fund with an initial capital of USD 100 million. The parties discussed the signing of a Memorandum of Understanding on the establishment of this Fund.
Following the meeting, the parties confirmed their readiness to further strengthen the strategic economic partnership between Kazakhstan and Hungary and to implement joint projects aimed at the sustainable development of the economies of the two countries.
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Oil and gas condensate production volume for 11 months of 2025 amounted to 91.9 million tons - Ministry of Energy
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Deputy Minister of Energy of the Republic of Kazakhstan Sungat Yesimkhanov reported at the Government session on the current state of the fuel and energy complex for January-November 2025, primeminister.kz reports.
He noted that during the reporting period, oil and gas condensate production amounted to 91.9 million tons, or 114.1% compared to the same period last year. The oil production plan for the end of 2025 stands at 96.2 million tons. Oil exports over 11 months amounted to 73.4 million tons, or 116.1% compared to the same period of 2024.
It should be noted that the 2025 oil export plan of 70.5 million tons has been achieved," Sungat Yesimkhanov added.
The Deputy Minister also reported that during the reporting period, 62.8 billion cubic meters of gas were produced, or 116.7% compared to the same period last year. The 2025 gas production plan of 62.8 billion cubic meters has been fulfilled. Liquefied petroleum gas production amounted to 2.8 million tons, or 101.8% compared to the same period last year. Gas transit through the territory of the country amounted to 64.5 billion cubic meters, or 100.9% compared to the same period last year.
According to the ministry, the planned volume of petroleum product production amounts to 14.5 million tons, or 100% of the 2024 actual figure. The volume of oil and gas chemical products amounted to 567.6 thousand tons, or 112.2% compared to the same period last year. The plan for 2025 is 590 thousand tons, or 109.3% of the 2024 actual figure.
During the reporting period, electricity generation amounted to 111.4 billion kWh, or 104.4% compared to the same period last year. The plan for the current year is 117.9 billion kWh. Over 11 months, electricity generation from renewable energy facilities amounted to 7.3 billion kWh, or 104.2% compared to the same period last year. The achievement of key indicators is under constant monitoring," Sungat Yesimkhanov emphasized.
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Kazakhstan’s Export Potential Discussed in Hong Kong
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A roundtable was to discuss the export potential of the Republic of Kazakhstan. The event was organized by the Consulate General of Kazakhstan in Hong Kong to promote Kazakhstan’s export in the Hong Kong market, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
Participants included Hong Kong officials, entrepreneurs, and employees from science and research centers. The Consul General of Kazakhstan in Hong Kong, Bauyrzhan Dosmanbetov, opened the event with a speech, where he emphasized the importance of developing trade and economic cooperation between Kazakhstan and Hong Kong.
The main element of the program was a presentation showcasing the opportunities of the Kazakh market for Hong Kong representatives. Attendees noted the high potential of Kazakh products, particularly in the food industry, agriculture, and pharmaceuticals.
Additionally, Lee Kin-kay, Deputy Commissioner of the Hong Kong Customs and Excise Department, expressed the importance of further developing cooperation between the regions in trade and logistics. During discussions, key aspects such as quality standards, product safety, and the development of logistical infrastructure for successful exports were highlighted.
As a result, recommendations were developed to strengthen cooperation between Kazakhstan and Hong Kong. Participants agreed to continue joint initiatives to support Kazakhstani exporters and promote their products in the Hong Kong market, marking an important step towards improving trade relations between the two regions.
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Growth in revenues and support for regions: 21.9 trillion tenge credited to the state budget
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Despite the decline in global oil prices and external economic factors, Kazakhstan’s budget system is demonstrating resilience, and all social obligations will be fulfilled in full. Minister of Finance Madi Takiyev reported on budget execution for 11 months at the Government session, primeminister.kz reports.
According to the head of the ministry, as a result of 11 months, state budget revenues amounted to 21.9 trillion tenge, or 100.1% of the plan. Compared to the same period last year, revenues increased by 2.9 trillion tenge.
Revenues of the republican budget reached 13.6 trillion tenge, while local budgets demonstrated stable dynamics, ensuring revenues of 8.2 trillion tenge with over-fulfillment of the plan by more than 384 billion tenge.
The Minister noted that budget execution is taking place under the influence of external factors, including a decline in global oil prices and a reduction in exports. However, the measures taken made it possible to maintain the stability of the financial system.
Despite external factors, the revenue parameter remains stable. All state obligations - social payments, wages, transfers to regions, and development programs - will be fulfilled in full," Madi Takiyev emphasized.
An important role was played by improvements in tax and customs administration, which ensured additional revenues of 660 billion tenge. At the same time, more than 1 trillion tenge was refunded to exporters, supporting the solvency of businesses.
Budget expenditures are directed to priority tasks: 8.3 trillion tenge was allocated for social support, 6.9 trillion tenge for regional development, and 1.8 trillion tenge for the real sector of the economy. In total, 870 projects are being implemented, including the national projects "Comfortable School" and "Auyl - Yel Bessigi."
The Minister separately focused on the work of the Special State Fund. Using its funds, 465 projects with a total value of 482.5 billion tenge are being implemented. Priority areas include water supply to rural settlements (258 projects), healthcare (183 facilities), and sports.
Spending efficiency increased due to public procurement reform: savings amounted to 824 billion tenge, and procurement from domestic producers increased 1.5 times. The state audit system prevented inefficient expenditures totaling 396 billion tenge.
Madi Takiyev also reported on digital transformation in the education sector. The launch of the unified "Bilimge" portal made it possible to automate the financing of private schools, reducing the duration of procedures to 10-15 days.
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Economic growth of Kazakhstan amounted to 6.4% in January-November 2025
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At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, the results of socio-economic development for January-November 2025 were reviewed. A report was delivered by Deputy Prime Minister - Minister of National Economy Serik Zhumangarin, primeminister.kz reports.
According to the Vice Prime Minister, Kazakhstan’s economy is demonstrating steady dynamics. As a result of 11 months, GDP growth amounted to 6.4%. At the same time, growth in the real sector (8.3%) continues to outpace the services sector (5.3%).
The main drivers of the economy were the transport sector (+20.3%), construction (+14.7%), and the mining industry (+9.7%). Positive dynamics were also observed in trade (+8.8%), agriculture (+6.1%), and manufacturing (+5.9%).
Investment in fixed capital remains an important development factor, increasing by 13.3% to reach 18.5 trillion tenge. Private investment grew by 9.8%.
The largest inflow of capital is observed in sectors that form the basis of high-quality growth: financial activities (+82.8%), energy supply (+57.9%), education (+31.6%), and manufacturing (+20.7%)," Serik Zhumangarin noted.
In the regional breakdown, Akmola, Pavlodar, Zhambyl, Almaty, and Aktobe regions were the leaders in terms of investment growth rates.
In the real sector, manufacturing continues to post strong performance. Growth was driven by an increase in output in mechanical engineering by 11.6%, including automotive manufacturing (+15.2%) and the production of electrical equipment (+16.7%). Production volumes of food products (+8.7%), beverages (+9.2%), and construction materials (+7.1%) also increased. A significant role was played by financial support from the Baiterek holding, which directed more than 8 trillion tenge to priority sectors.
The mining sector grew by 9.7% due to increased production of oil (+14.1%), natural gas (+16.7%), and coal (+9.7%).
Special attention was paid to the agro-industrial complex, which entered a phase of seasonal growth. Gross agricultural output increased by 6.1%. Thanks to favorable weather conditions, a record grain harvest of about 27 million tons was obtained for the second consecutive year. Record volumes of legumes (1 million tons) and oilseeds (4.7 million tons) were also harvested.
The construction sector is demonstrating growth at the level of 14.7%. Since the beginning of the year, 16.9 million square meters of housing have been commissioned, which is 3.9% higher than last year’s figures. The leaders in housing commissioning were Zhetysu Region, Ulytau Region, and Karaganda Region.
Foreign trade turnover for January-October amounted to $116.3 billion. A positive trade balance has been maintained, exceeding $12.9 billion.
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Kazakhstan to boost annual gas transit through Uzbekistan to 8.4bln m³
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The Ministry of Energy has announced plans to increase the volume of gas transit through the territory of Uzbekistan, Qazinform News Agency reports.
As it was reported, QazaqGaz and Uztransgaz signed a contract for gas transit through Uzbekistan.
Minister Yerlan Akkenzhenov clarified that this concerns the transit of Russian gas.
“This is the transit of Russian gas. Overall, we are considering the issue of increasing transit volumes to 8.4 billion cubic meters per year,” he said.
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