A total of 13 trillion tenge will be allocated for the large-scale
modernization of Kazakhstan's energy and utility infrastructure by 2029, Deputy
Minister of National Economy Assan Darbayev announced at a government meeting.
The five-year project will see the replacement of more than 80,000 kilometers
of utility networks, the construction of around 30 energy facilities, and the
commissioning of new power generation capacity. The initiative is expected to
improve the reliability of essential public utility systems, strengthen
Kazakhstan's energy security, and establish a modern utility infrastructure.
«The National Project is backed by both private and
foreign capital. This year, the total amount of approved loan financing stands
at 625 billion tenge. These measures will help attract long-term, lower-cost
financing,» Darbayev said.
This year, Kazakhstan will modernize 12,000 kilometers of heating, water,
and electricity supply networks under the National Project. More than 1
trillion tenge has been allocated for the work. Overall, by 2029, the
government plans to modernize 77,500 kilometers of electricity networks and
more than 1,500 kilometers of heating networks. Following the meeting, Prime
Minister Olzhas Bektenov instructed the relevant authorities to ensure the
timely implementation of the National Project.
«The
implementation of the National Project is under the personal supervision of the
Head of State. The necessary regulatory framework has been put in place, and
various financing mechanisms for investment projects have been established.
Large-scale repair campaigns are already underway across the regions. To
achieve the project's targets on schedule, we must not only maintain but also
increase the pace of infrastructure modernization,» Bektenov said.
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