Kazakhstan president outlines plan to make ‘Kazakh dream’ come true

ASTANA (TCA) — On 1 January 2016 Kazakhstan started practical implementation of the National Plan “100 concrete steps for implementation of five institutional reforms”. It is aimed at fulfilling the Kazakh dream of becoming one of the world’s 30 leading nations in the 21st century, Kazakhstan President Nursultan Nazarbayev wrote in his article “The nation’s plan — the way to the Kazakh dream”, published on January 6.   

The plan provides for attraction of at least 10 transnational corporations into Kazakhstan’s processing sector.

Joint ventures with anchor investors will be created in the processing industries, infrastructure, and energy sectors.

The plan will focus on electricity generation and energy efficiency, with the purpose to reduce the energy intensity of the economy by 25 percent before 2020 and by 50 percent before 2050 through attraction of strategic investors to the energy saving sphere.   

The country will continue work to develop high-tech industries. Innovation activity of business should increase up to 20 percent of GDP and the share of innovative products up to 2.5 percent.   

To boost the transit and transport of goods, Kazakhstan should reconstruct more than seven thousand kilometers of motor roads of national importance. These roads will become toll roads and by 2022, revenues from such toll roads should amount to 41 billion tenge, enough to maintain the entire network of roads of national importance.    

Kazakhstan should increase the cargo transit by all types of transport from today’s 18 million tons up to 33 million tons in 2020 and 50 million tons in 2030, the president wrote in his article.

Sergey Kwan

TCA