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Tokayev Pledges $14 Billion for Infrastructure, Sets 2029 Energy Surplus Target

By Ayana Birbayeva  on 28 October 2026

ASTANA – Kazakhstan will allocate 6.5 trillion tenge (US$14.3 billion) from the National Fund by the end of 2029 to modernize infrastructure nationwide, President Kassym-Jomart Tokayev said in his annual state-of-the-nation address on Oct. 28. Tokayev outlined a People’s Construction program to develop social, transport and engineering infrastructure, create...