Tokayev proposes to attract foreign investors to social projects implementation
The foreign companies operating in Kazakhstan should actively join the solution of problems in education, healthcare and environment sectors.
Kazakhstan’s oil sector faces a number of problems, which require prompt solution. We must prevent unemployment in the future. Head of State Kassym-Jomart Tokayev has said it at the meeting with the public of Atyrau region today, Kazinform learned from the Akorda press service.
The Government must keep this issue under control and actively interact with major foreign companies. I commission the Government to immediately begin to fulfil the tasks outlined," said Tokayev.
The foreign companies operating in Kazakhstan should actively join the solution of problems in education, healthcare and environment sectors. The Government and the regional akimat must attract foreign investors to this work. Special attention should be given to the implementation of social projects. This issue should be submitted for the consideration of the Foreign Investors Council," Kassym-Jomart Tokayev said.
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During a meeting with Veronique Dockendorf, Political Director of the Ministry of Foreign and European Affairs of Luxembourg, the parties discussed current issues on the bilateral agenda and cooperation between Kazakhstan and the European Union. They reviewed ways to intensify political and trade-economic cooperation, interaction and mutual support within international organizations and institutions, as well as plans to hold the next round of inter-ministerial consultations later this year. The parties also discussed the possibility of establishing a Kazakhstan-Luxembourg Business Council and organizing Kazakhstan Cultural Days in Luxembourg.
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A separate meeting was held with Thuraya Triki, Director of the International Cooperation Department of the European Investment Bank, and David Monguzzi, EIB Manager for Central Asia. The discussion focused on potential EIB financing for projects in Kazakhstan, including the construction of highways, development of transport infrastructure, projects in the field of rare earth metals, and practical coordination mechanisms to attract investment into these projects.
A meeting was also held with representatives of the international mining and metallurgical group Eurasian Resources Group, during which prospects for investment cooperation and the implementation of joint projects were discussed.
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Kazakhstan to build 160 MW combined cycle power plant in Aktau
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As part of implementing the instructions of President Kassym-Jomart Tokayev, the Government has approved the signing of an investment agreement for the construction of a 160 MW combined cycle power plant in the city of Aktau between the Ministry of Energy of Kazakhstan and Aktau Energy Company LLP, Qazinform News Agency reports.
The corresponding resolution was signed by Prime Minister Olzhas Bektenov.
According to the Government’s press service, Aktau Energy Company was established in 2024 jointly with China Huadian Corporation - a state corporation that ranks among China’s five national electricity producers.
The project is expected to attract around 108 billion tenge in investment, with 70% provided by the Chinese investor and 30% by the Kazakh side. The combined cycle power plant at the MAEK LLP site is scheduled to be commissioned in June 2027.
Under the terms of the agreement, the investor will create more than 300 new jobs for Kazakh specialists. The project also includes annual grants for employees to pursue master’s degrees in electric power engineering at specialized universities in China, along with the introduction of a continuous training system and professional development programs for Kazakh personnel.
At the end of the agreement term, the combined cycle power plant will be transferred to MAEK LLP free of charge.
It should be recalled that Aktau Energy Company had previously begun work to expand the existing capacities of MAEK LLP.
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Kazakhstan and Malaysia Strengthen Cooperation in Trade, Investment and Industry
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Ambassador of Kazakhstan to Malaysia Bulat Sugurbayev held a meeting with Malaysia’s Minister of Investment, Trade and Industry Johari bin Abdul Ghani. The meeting was also attended by Rustam Karagoyshin, Chairman of the Management Board of the National Managing Holding "Baiterek", as well as the leadership of the Damu Entrepreneurship Development Fund, the Industry Development Fund, and representatives of Allur Group, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
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Kazakhstan launches extensive modernization of communal and energy infrastructures
President Kassym-Jomart Tokayev announced that the Government has begun large-scale modernization of communal and energy infrastructures at the III Republican Forum of Maslikhat Deputies of all levels, Qazinform News Agency reports, citing the Akorda press office.
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The Head of State also noted that peaceful nuclear development and clean carbon generation are fields that help form our country’s sovereignty.
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Kazakhstan modernizes and builds more than 220 water facilities in 2026
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The state takes systemic measures to develop the entire complex of water infrastructure. This is what President Kassym-Jomart Tokayev said, addressing the III Republican Forum of Maslikhat Deputies, Qazinform News Agency learned from the Akorda press service.
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Ensuring access to quality drinking water for the population, as well as meeting the growing demands of the economy, remains an issue of strategic importance," Tokayev said.
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The state takes systemic measures to develop the entire complex of water infrastructure, said the President.
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Prospects for Cooperation between Kazakhstan and the World Bank Group were Discussed at the Ministry of Foreign Affairs of Kazakhstan
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First Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Yerzhan Ashikbayev held a meeting with Andrei Mikhnev, Regional Director for Central Asia of the World Bank, and Zafar Khashimov, Country Manager of the International Finance Corporation in the Republic of Kazakhstan, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
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Ambassador of Kazakhstan to Switzerland Kairat Sarzhanov met with the Director of the Swiss Federal Office of Energy Benoît Revaz, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
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Kazakh Energy Ministry says Tengiz oilfield resumes output
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Kazakhstan's Tengiz oilfield has resumed crude oil production, the country’s Energy Minister Yerlan Akkenzhenov said on Wednesday, Qazinform News Agency correspondent reports.
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Akkenzhenov added the Commission’s work to identify the causes of the fire is nearing completion, and that the result is to be announced soon.
To note, a fire broke out at the Tengiz oilfield, leading to the evacuation of over 450 employees, earlier this year.
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