Our People > Askar Kubaizhanov

Regional Editor

Born in Almaty. He graduated from the Al-Farabi Kazakh National University with a degree in political science (advanced training at RANEPA - northwestern branch. Since 2002, he began working in the field of journalism. He headed the leading Kazakh and international media. He has awards in the field of mass media.

Articles

Astana Finance Days 2026

From Transit to Capital: What Investors Were Looking for in Kazakhstan at Astana Finance Days

On the second day of Astana Finance Days, Kazakhstan was trying to answer the question that follows almost every discussion about new railways, power plants, data centers, and factories: where will the money come from? International banks, asset managers, and stock exchanges gathered in Astana, and the conversation quickly reached a point – foreign capital is interested in the country, but its domestic stock market remains too small for many large investors. From Transit to Transactions The title of the first major discussion of the second day – “From Transit to Transactions” – neatly captured the idea. Kazakhstan already earns money from its position between China and Europe and is investing billions in railways, ports, and energy infrastructure. Now Astana wants financial transactions to move alongside the freight, and some of that capital to remain in the country. The Astana International Financial Centre (AIFC), where the forum is being held, was created partly for that purpose. It is a separate financial jurisdiction within Kazakhstan, with its own regulator, court, and legal framework based on the principles of English common law. According to the center, by June 2026 its platform had helped attract $25.3 billion in investment to Kazakhstan, while the number of registered companies had exceeded 5,800. But the presence of international companies does not necessarily mean they are ready to invest. Jad Ellawn, Managing Partner for the Middle East at Brookfield, one of the world’s largest alternative asset managers, began with three conditions. “The fundamental principles for an investor looking to enter a country consist of three components. First is having the proper legislation. Second is respect for capital: a country needs to demonstrate that capital is important to it not only domestically, but beyond its borders. Third is scalability,” he said. “In addition to energy resources, Kazakhstan has many other natural resources, and your country is the ninth-largest country in the world. This means you have many potential industries that you could develop, unlike the Gulf.” Yilmaz Kocagoz of Goldman Sachs, one of the largest U.S. investment banks, looked at Kazakhstan through the lens of manufacturing and infrastructure. “For Kazakhstan to diversify its economy beyond commodities, it needs to develop manufacturing and infrastructure,” he said. Kocagoz also pointed to Kazakhstan’s relatively low government debt burden. For an investor, that means a smaller share of the country’s future revenues is already committed to servicing a large public debt. Nurlan Zhakupov, the CEO of Kazakhstan’s sovereign wealth fund Samruk-Kazyna, put a price tag on the country’s investment program: more than 100 projects worth $105 billion. “We see demand from local businesses and enormous interest from foreign partners. We are also seeing growing consumption of electricity and natural gas, as well as demand for the transportation of electricity, oil, gas, and petroleum products,” Zhakupov said. He ended with an invitation: “Overall, Kazakhstan currently has a good business climate, and now is a good time to enter the Kazakh economy.” The next discussion in the same building helped explain why that does...

3 days ago

Astana Finance Days 2026

Astana Finance Days: From BlackRock to Mining and Data Centers

In a trading hall in Astana, BlackRock was explaining why investors have become more cautious. A few floors away, geologists were pitching 23 mining projects, while financiers debated how many megawatts the next wave of artificial intelligence will require. That was how the first day of Astana Finance Days unfolded, as Kazakhstan brought together financial groups managing more than $26 trillion in assets – and sought to show them where that money could be put to work in Central Asia. The ninth Astana Finance Days is taking place on September 9–10 at the Astana International Financial Centre (AIFC), Kazakhstan’s special financial jurisdiction with its own regulator and a court system based on English common law principles. According to the organizers, around 8,000 participants from 90 countries registered for the forum. Institutions represented include BlackRock, Goldman Sachs, Capital Group, Brookfield, Rothschild & Co., Hong Kong Investment Corporation, and IFC Asset Management Company. The stated $26 trillion refers to the combined assets under management of participating firms worldwide – not investment pledged to Kazakhstan. More concrete signals emerged on the sidelines. Meshal Jaber AlFaras, Janus Henderson Investors’ head of the Middle East, Africa, and Central Asia, said the investment group is considering direct investments in Kazakhstan and plans to expand its presence in the country. Janus Henderson manages around $500 billion in assets. AlFaras did not disclose potential projects or investment amounts. A New Price for Risk One of the first day’s most prominent discussions took place at the Astana International Exchange (AIX), the AIFC’s stock exchange. Ben Powell, Chief Investment Strategist for the Asia-Pacific region at the BlackRock Investment Institute, spoke about how geopolitics is reshaping capital flows. “Today, we are in a structurally new regime – moving into a more complicated world where geopolitical fragmentation is intensifying, alliances are breaking down, and international relationships are changing. Of course, this affects investors. They need to completely rethink their approaches to investing,” Powell said. Higher inflation and interest rates, he continued, are changing attitudes toward risk. For smaller emerging markets, that means greater scrutiny of currency stability, regulation, and liquidity. A few halls away, that global discussion was already turning into pitches for specific mineral projects. From the Geological Map to the Investor Fifteen companies brought 23 mining projects to Astana Finance Days. Most are still at the exploration stage. In the industry, such companies are known as juniors. They search for mineral deposits and try to demonstrate that the resources they discover can eventually be mined profitably. For an ordinary bank, the risk is high: a promising area on a geological map does not yet guarantee a working mine. At the forum, companies briefly pitched their projects before moving into individual negotiations. More than ten Kazakh and international investors and strategic partners attended the pitch session. The Junior Mining Platform, launched this spring, is intended to turn this search for capital into a permanent mechanism. Private investors take on early geological risk; as reserves are confirmed and technical uncertainty declines, larger...

4 days ago

Antimony

U.S. Eyes Tajikistan Antimony as China Dominates Processing

The United States is showing growing interest in Tajikistan’s antimony – a metal important to the defense industry, electronics, and batteries. The country accounted for about 20% of global production in 2025, ranking third after China and Russia. For Washington, Tajik deposits could become one of the alternative sources of supply amid tighter Chinese controls on antimony exports. That interest received political confirmation on September 1. Tajik President Emomali Rahmon met in Bishkek with U.S. Special Envoy for South and Central Asian Affairs Sergio Gor and Senator Steve Daines, a member of the Senate Committee on Energy and Natural Resources. Among the subjects discussed, the two sides specifically highlighted investment in rare and strategically important minerals. Critical minerals have taken on a prominent role in U.S. policy toward Central Asia in 2026. Washington is looking for new sources of strategic raw materials as it seeks to reduce dependence on Chinese supplies. In Kazakhstan, U.S.-based Cove Capital, together with state-owned Tau-Ken Samruk, is already preparing to develop the large Northern Katpar and Upper Kairakty tungsten deposits. For Tajikistan, antimony could play a similar role. According to the U.S. Geological Survey (USGS), the country produced about 22,000 tons of antimony in 2025, out of global production of approximately 110,000 tons. China produced about 40,000 tons, while Russia produced 32,000 tons. Antimony is used in batteries, flame-retardant materials, semiconductors, infrared optics, and military applications. Its strategic importance has increased since China introduced export controls on antimony products in 2024. Playing Catch-Up to China Tajikistan’s main antimony production is concentrated in Ayni District in the north of the country. Its two principal centers – Dzhizhikrut and Konchoch – also illustrate the respective positions of American and Chinese capital in the sector. Washington would not be starting from scratch. The Dzhizhikrut antimony-mercury deposit is operated by Anzob, which has been wholly owned by U.S.-based Comsup Commodities Inc. since 2006. At Konchoch, China has the stronger position. The group of deposits is being developed by TALCO Gold, which is 50% owned by the state-owned Tajik Aluminium Company and 50% by China’s Tibet Huayu Mining. The Chinese investor entered the project in 2017, paying $90 million for its stake. Konchoch comprises several deposits containing gold, silver, antimony, mercury, and other minerals. Tajik authorities estimate that the deposit contains more than 23 million tons of ore, about 50 tons of gold, and more than 265,000 tons of antimony. The key advantage of the Chinese-backed project is processing. In July 2026, TALCO Gold commissioned a plant with capacity to produce up to 5,000 tons of metallic antimony a year. Previously, the company had primarily produced concentrates. The Chinese investor now participates in the chain from ore extraction to metal production. For the United States, this makes the challenge more complicated: access to a deposit alone does not provide an independent source of finished antimony products. More broadly, an OECD review published in 2026 says foreign investment in Tajikistan’s mining sector comes mainly from China, making U.S.-owned Comsup one of...

2 weeks ago

Fuel Crisis

Russia Fuel Crisis Pushes Central Asia to Seek Alternatives

Disruptions at Russian oil refineries are beginning to reshape Central Asia’s established fuel supply routes. Kyrgyzstan is arranging supplies from China; Tajikistan has requested large volumes of crude oil and fuel from Iran, while Kazakhstan plans to more than double its refining capacity and eventually sell more petroleum products to its neighbors. Kyrgyzstan: The China Route Becomes a Real Option Kyrgyzstan and Tajikistan have felt the impact of Russia’s disruptions more acutely than other Central Asian countries. Both have limited domestic oil production and depend heavily on imported fuel. Galiya Ibragimova, a Central Asia expert with Carnegie Politika, told Al Jazeera that the two countries had been hit hardest in the region and said the search for new suppliers would continue, although alternative fuel would most likely be more expensive. For Kyrgyzstan, the Russian supply model had long been the most convenient. As a member of the Eurasian Economic Union (EAEU), Kyrgyzstan can import agreed quantities of Russian fuel duty-free each year. For 2026, Moscow has agreed to supply around 1.5 million tonnes – roughly equivalent to Kyrgyzstan’s total annual demand for petroleum products. More than 90% of Kyrgyzstan's imported fuel comes from Russia. This summer, that system began to falter. On August 12, Kanatbek Eshatov, head of Kyrgyzstan’s Oil Traders Association, said Russian refineries were offering virtually no additional volumes. Fuel was already arriving from Belarus, Azerbaijan, Turkey, one European country, and other markets. Eshatov did not expect the situation with Russian supplies to improve before October. Bishkek has also negotiated directly with China’s largest oil companies. Following talks with Sinopec, a Kyrgyz delegation met CNPC management on August 19. Kyrgyz companies signed contracts with CNPC for petroleum product supplies through Kunlun Logistics, according to Kyrgyz state news agency Kabar. Volumes and prices have not been disclosed. China is unlikely to displace Russia quickly on price. There is no direct rail connection between China and Kyrgyzstan, while road transport across the mountainous border is more expensive. But direct contacts with Sinopec and CNPC are giving Kyrgyz traders a supply channel that until recently was barely used. Another option is to refine more oil domestically. The country’s largest refinery, Junda in Kara-Balta, is moving to the next stage of a modernization project valued at $193.75 million. The plant is expected to increase petroleum product output and move to Euro 5 fuel standards. Kyrgyzstan does not produce enough crude to keep the refinery running at capacity, however, so it would still need to import much of the oil it refines. Bishkek is therefore keeping Russian finished fuel [bit technical] in the mix while purchasing petroleum products from other markets. It is also looking to refine imported crude domestically. Tajikistan: Iranian Crude Rather Than Just Another Gasoline Supplier Dushanbe has chosen a larger-scale option. During talks with Iran, Tajikistan requested 2.55 million tonnes of crude oil and petroleum products: 2 million tonnes of crude, 300,000 tonnes of diesel, 150,000 tonnes of gasoline, and 100,000 tonnes of jet fuel. Tajikistan’s Transport Ministry announced the...

2 weeks ago

Artificial intelligence

Uzbekistan AI: Can Its Tech Boom Deliver an AI Economy?

Uzbekistan has spent the past several years positioning itself as a fast-growing Central Asian market for IT outsourcing. The government is now seeking to build an artificial intelligence economy on that export-oriented technology sector. While the state is investing in computing infrastructure and public-sector projects, Tashkent is looking to private technology companies to drive much of AI's commercial adoption. The strategy has produced visible activity, but whether it can develop into a sustainable AI economy remains an open question. Over the past five years, the government has expanded IT Park and its incentives, simplified rules for employing foreign specialists, and introduced tax breaks for resident companies. As digital service exports have grown, artificial intelligence has increasingly been positioned as the sector's next stage. According to IT Park, its resident companies were exporting services to more than 90 countries after the first seven months of 2025. North America accounted for 45% of exports, while the Asia-Pacific region and the Commonwealth of Independent States accounted for 26%, and the European Union and the United Kingdom for 24%. The figures show the sector's geographical reach. That export base gives Uzbekistan a plausible route into AI. Local companies can use existing engineering and outsourcing capacity to develop products for foreign clients, while private companies and software exports hold a prominent role in the government's commercial strategy. Uzbekistan has not yet built a fully fledged AI economy. Under targets set by an October 2025 presidential decree, at least 100 AI projects are to be implemented by the end of 2026, AI laboratories are to open at 15 universities, and more than $1 billion in foreign investment is to be attracted for AI infrastructure by 2030. These targets show the scale of the government's ambitions. Success will depend less on the number of approved programs than on whether they produce commercially viable AI products for international markets. Microsoft's Global AI Diffusion in Q1 2026 report estimated that 7.2% of Uzbekistan's working-age population used a generative AI product during the first quarter, compared with a global average of 17.8%. Uzbekistan was nevertheless among several Central Asian countries recording rapid growth from a relatively low base. Government policy is now shifting from creating favorable conditions toward supporting commercially oriented companies. In 2026, Uzbekistan launched the President AI Award, a national program combining startup acceleration with performance-based investment. Financing is linked to measurable business results and companies' ability to bring products to market. The government is also building a venture funding structure for technology startups. IT Park Ventures, established with the support of the Ministry of Digital Technologies, invests in technology startups, with artificial intelligence, fintech, DeepTech, and education technology among its priority sectors. The fund also helps portfolio companies enter international markets and connect with foreign investors. One Uzbek AI company active in this ecosystem is Repli AI. In March 2026, the startup secured $375,000 in cloud credits from Microsoft and Google to further develop its AI-powered sales and customer service platform. These were service credits rather than...

1 month ago

Russia’s Fuel Crisis Tests Kazakhstan’s Energy Resilience

Kazakhstan is being pulled into a new energy paradox. As Russia's fuel crisis deepens, the country is being discussed as a potential gasoline supplier to its largest neighbor. Meanwhile, Kazakhstan is tightening controls at home, building reserves around refinery maintenance, and weighing fuel imports from China to protect its own market. On June 24, Reuters reported that Russia was in talks with Kazakhstan to import about 50,000 metric tons of AI-92 gasoline, citing four industry sources. The discussions followed refinery outages and unscheduled repairs in Russia after Ukrainian drone attacks, which had led to shutdowns at several large refineries in central Russia and cut Russian gasoline output by roughly 25% year-on-year by late June. The news was striking because Russia is normally a major exporter of petroleum products. The need to consider gasoline imports, including seaborne imports and emergency market-stabilization measures, underlines the scale of disruption in Russia's refining system. Kazakhstan's Energy Minister Erlan Akkenzhenov said Astana had not received an official request from Moscow, but the question remains politically and economically sensitive for Kazakhstan: can it afford to send fuel abroad if its own margin of safety is narrowing? Officially, the domestic picture remains stable. Kazakhstan's government said on June 20 that national stocks of gasoline, diesel, and aviation fuel exceeded 1 million tons, enough to cover current demand. It said supplies were being prioritized for filling stations, agricultural producers, and domestic airlines, and that no shortage of fuels and lubricants had been observed. Yet those assurances sit alongside a more fragile structural reality. Kazakhstan's refining system depends heavily on three large refineries: Atyrau in the west, Pavlodar in the north, and Shymkent in the south. Last year, it was reported that, after modernization, the three plants had a combined annual output of about 17 million metric tons. Such a system can function efficiently when all units are operating normally, but it leaves limited room for simultaneous shocks. One of those shocks is already present. The Atyrau Oil Refinery began scheduled preventive maintenance on June 26 under a timetable approved by the Ministry of Energy. KazMunayGas said the work includes inspections of 20 reactors, 213 storage tanks, 32 columns, and 231 heat exchangers, as well as replacement of more than 335 tons of catalysts. The refinery entered maintenance with 38,000 tons of gasoline, 31,300 tons of diesel, and 6,800 tons of jet fuel. KazMunayGas said national stocks of AI-92 gasoline and diesel covered 34 and 32 days of demand, respectively, and that the phased restart of processing units was scheduled to begin on July 10. Those figures show resilience, but not abundance. Summer brings higher consumption from agriculture, passenger travel, freight, and aviation. For the government, managing this period means monitoring refinery output, shipments, inventories, and preventing fuel from leaving the country through unauthorized channels. After a June 20 meeting, Prime Minister Olzhas Bektenov ordered tighter border controls; the government said vehicles are restricted from crossing the state border by road more than once per day as part of...

3 months ago

EU-Kazakhstan Cooperation

Tokayev’s Brussels Visit Brings Aviation Pact, Visa Progress and $12 Billion Business Package

President Kassym-Jomart Tokayev left Brussels with a broader package than the transport announcements that opened his two-day visit on June 22-23. Kazakhstan and the European Union signed an aviation agreement, completed talks at negotiators’ level on easier short-stay visas, backed new road and mineral projects, and endorsed an Air Astana aircraft order worth €7.145 billion. Tokayev also said the business program produced commercial agreements and memoranda worth more than $12 billion. Tokayev met with European Council President António Costa and European Commission President Ursula von der Leyen on June 23. Their joint statement placed connectivity, energy security and resilient supply chains at the center of the relationship. Von der Leyen called Kazakhstan “a global gateway” and said the EU was ready to turn it into “a pathway for jobs, business opportunities and common prosperity.” Negotiators completed talks on Visa Facilitation and Readmission Agreements, opening the way for internal approval procedures. The visa agreement would simplify applications for short stays in the EU, though the agreement would not create visa-free travel and has not yet entered into force. The two sides also signed a Horizontal Aviation Agreement after negotiations lasting more than two decades. Once internal procedures are complete, any eligible EU airline will be able to operate between Kazakhstan and 17 member states that already have air service arrangements with Astana. Existing rules generally reserve those rights for airlines owned or controlled by nationals of the country concerned. EU Transport Commissioner Apostolos Tzitzikostas said the pact would bring “our people and economies closer together.” A separate agreement covered up to 50 Airbus A320neo and A321neo aircraft for Air Astana. The joint statement valued the order at €7.145 billion. That transaction formed the largest named item within the more than $12 billion in commercial agreements and memoranda announced during the visit. Tokayev presented the total as evidence of European business confidence in Kazakhstan. Transport and connectivity remained the backbone of the trip. Before the leaders met, Kazakhstan and its European partners unveiled four Middle Corridor agreements worth a combined $462 million. They included airport digitalization work with SITA, an EBRD-backed loan for the 234-kilometer Aktobe-Ulgaisyn road, a KTZ Express project at Romania's Port of Midia, and cooperation with A.P. Moller-Maersk on container traffic across the Trans-Caspian route. The leaders welcomed a European Investment Bank framework agreement of up to €150 million for Kazakh roads along the Trans-Caspian Transport Corridor. An EBRD memorandum will support an internationally accredited chemical-analytical laboratory for critical raw materials. Other documents cover intelligent transport systems, the E-Zholdary road platform and a minerals and metals center of excellence. Brussels also encouraged the EIB to open an office in Astana. These projects connect the visit to the EU's effort to build a reliable route between Central Asia and Europe through the Caspian Sea, Azerbaijan, Georgia and Türkiye. Tokayev said annual freight volumes had risen from 800,000 tons to 4.1 million tons over six years. Kazakhstan aims to raise the corridor’s capacity to 10 million tons, but ports, railways, border...

3 months ago

Kazakhstan on Europe’s Oil Podium, but for How Long?

Kazakhstan has strengthened its position as one of the key suppliers of oil to the European Union, capitalizing on the redistribution of energy flows following the reduction of Russian crude imports. However, declining production and vulnerabilities in export infrastructure cast doubt on the country’s ability to maintain this position in the medium term. According to official EU data, the EU remains one of the world’s largest oil importers, meeting about 97% of its demand through external supplies. In 2025, EU countries imported approximately 435 million tonnes of crude oil worth more than €212 billion. The reduction in Russia’s share from 25.8% in 2021 to 2.2% in 2025 led to a significant redistribution of flows in favour of alternative suppliers, including the United States (14.6%), Norway (12.8%), and Kazakhstan (12.8%) by crude-oil import volume. Kazakhstan has been among the main beneficiaries of these changes. According to an Econovis Economic Research Laboratory report, the share of Kazakh supplies in European imports has increased for several consecutive years. This growth has been driven by strong demand from European refineries for light, low-sulfur CPC Blend crude. Alongside Kazakhstan, Azerbaijan has also strengthened its position, benefiting from Europe’s diversification efforts. A notable example is the Czech Republic, where, following the cessation of deliveries via the Druzhba pipeline, Azerbaijan accounted for more than 42% of oil imports in 2025, according to Czech import data. Kazakhstan ranked third in the Czech market with a share of around 18%, indicating the emergence of a new energy balance in the Caspian region. Despite this favorable external environment, Kazakhstan’s oil and gas sector has faced a significant downturn. According to government data, in the first quarter of 2026, oil and gas condensate production amounted to 19.7 million tonnes, 20% less than in the same period of 2025. Oil exports declined by approximately 22% to 15.3 million tonnes, while the annual export forecast stands at about 76 million tonnes. By mid-April, however, CPC exports had risen from February levels as Tengiz resumed production, suggesting that some of the early-year disruption had eased. The decline is linked to disruptions in the operations of the Caspian Pipeline Consortium (CPC) and temporary shutdowns at major fields, including Tengiz. The CPC remains the key export route for Kazakh oil to Europe, transporting most of the crude through the terminal in Novorossiysk. Economic analyst Olzhas Baidildinov said the consequences of attacks on the consortium’s infrastructure could have long-term implications. “Oil and gas condensate production in Kazakhstan fell by 20% in the first quarter compared to January-March 2025, 19.7 million tonnes versus 24.6 million tonnes. Oil exports decreased by approximately 22% to 15.3 million tonnes. The export forecast for this year is 76 million tonnes,” he wrote on his Telegram channel. According to his estimates, the country will once again fail to surpass the psychologically significant threshold of 100 million tonnes of annual production. “As a result of the attacks on the CPC, at least 6 million tonnes of oil worth no less than $3.4 billion were...

5 months ago

Aviation Industry

Iran War Redraws Air Routes, Boosting Kazakhstan and Azerbaijan

Kazakhstan and Azerbaijan are emerging as potential beneficiaries of disruptions in the global aviation fuel market as tensions around Iran force airlines to reroute flights and rethink transit hubs. The escalation of tensions in the Middle East, including heightened risks to shipping through the Strait of Hormuz, has led to sharp increases in energy prices and supply disruptions. Gas prices in the EU have risen by 70%, and oil by 60%, with additional costs reaching €14 billion. Roughly one-fifth of the world’s oil passes through the Strait of Hormuz, making any disruption critically significant for global markets. The aviation industry has been among the hardest hit sectors. According to industry sources cited by Bloomberg, Europe is expected to have sufficient jet fuel supplies in the short term, but stocks are under pressure, and supply risks could emerge if the conflict continues. The cost of jet fuel has risen from about $742 to more than $1,700 per ton in recent weeks in some markets. This increase is outpacing the rise in oil prices, intensifying pressure on airlines. As reported by The Telegraph, citing data from Cirium, around 7% of scheduled flights were canceled at the peak of recent disruptions, equivalent to more than 7,000 departures, compared with about 4.7% a year earlier. Airlines are responding by cutting flight schedules and revising their business models. Lufthansa, for example, is considering temporarily grounding part of its fleet. According to CEO Carsten Spohr, fuel shortages are likely to be felt first outside Europe, where supply chains are more vulnerable. At the same time, airfares have already risen by 15-20%, beginning to dampen demand. As passenger demand softens and costs rise, carriers are balancing route cuts with the need to maintain key markets. Fuel Costs Drive Route Shifts According to Sergey Agibalov, consulting director at Argus in the CIS, significant changes are also occurring in the geography of international air travel. Major Middle Eastern hubs, such as Dubai, Doha, and Abu Dhabi, have seen a decline in transit traffic amid safety concerns and are operating below normal capacity on key routes. Agibalov argues that this creates a window of opportunity for alternative routes between Europe and Asia, including Istanbul, Addis Ababa, and hubs in Central Asia and the South Caucasus. “Airports in Central Asia and the South Caucasus are now attractive not only to passengers, but also to airlines. Disruptions to Middle Eastern jet fuel exports linked to instability around the Strait of Hormuz have led to a sharp rise in fuel prices globally. This increase is outpacing the rise in oil prices, intensifying pressure on airlines. Recent industry data shows prices reaching as high as $1,600–1,800 per ton in some markets. Under these conditions, many airlines have begun optimizing their flight schedules; even if fuel is available, flying has become very expensive,” he noted. Against this backdrop, airports in Almaty, Astana, and Baku are seeing increased traffic and stronger airline interest. Argus estimates suggest volumes are already rising in Baku, as routes across Central...

5 months ago

Tennis Revolution in Kazakhstan: How Systemic Investment Is Creating Champions

Over the past decade, Kazakhstan has evolved from a promising tennis nation into a formidable contender on the global stage. Elena Rybakina’s Wimbledon triumph, Alexander Bublik’s steady rise, and a new wave of top-ranked juniors are no coincidence; they are the product of a long-term, meticulously executed strategy. In an interview with The Times of Central Asia, Yuriy Polskiy, President of the Asian Tennis Federation and Vice President of the Kazakhstan Tennis Federation (KTF), explains how strategic investment, public-private partnerships, and a grassroots approach have fundamentally reshaped the country's tennis landscape. TCA: Kazakhstani tennis players have recently made headlines at top international tournaments. How would you assess Kazakhstan’s current standing on the global tennis map? Are the successes of Elena Rybakina and Alexander Bublik, as well as the emergence of top juniors, the result of systemic work or just coincidence? Polskiy: Luck plays a role in any athlete’s career, but it's fleeting. Kazakhstan’s results, among both professionals and juniors, are consistent, which points to a system that delivers. Over the past decade, we’ve seen numerous players ranked in the world’s top 30: Shvedova, Voskoboeva, Kukushkin, Golubev, Korolev, Nedovyesov, and more recently, Diyas, Putintseva, Danilina, Bublik, and, of course, Rybakina. Together, they’ve secured four Grand Slam titles, reached multiple singles and doubles finals, and won WTA 1000, 500, and ATP/WTA 250 tournaments. Among the juniors, talents like Dastanbek Tashbulatov, Amir Omarkhanov, and Sonya Zhienbayeva have ranked in the ITF Top 5 and Top 20. Our Under-14 and Under-18 national teams have reached the world’s top four and consistently defeated traditional powerhouses such as Australia, France, Italy, and Argentina. These results underscore the strength of Kazakhstan’s national coaching program and the Federation’s long-term vision. In 2024, Kazakhstan had six players in the ITF junior Top 100, including three in the Top 50. Seven more under-14s were ranked in the Tennis Europe Top 100, more than Italy, currently the leader in that category. Notably, all 13 of these top-ranked juniors were born and raised in Kazakhstan, highlighting the success of a nationwide, structured development model that blends public support with private initiative. TCA: What is the Federation’s strategic outlook for the next five to ten years? How extensive is the infrastructure, and are there plans to expand into smaller cities? Polskiy: Since 2007, when businessman and philanthropist Bulat Utemuratov became the KTF president, Kazakhstan has built 38 major tennis centers, each with at least six courts, totaling 364 hard and clay courts nationwide. Over the past 17 years, more than $150 million has been invested in infrastructure. Hundreds of coaches have been trained, particularly for early childhood programs. The number of certified ITF coaches has nearly doubled in five years, now surpassing 400. Infrastructure growth has significantly reduced training costs: hourly court rental has dropped from $50 in 2007 to just $10 today. Facilities now exist in 16 of the 18 regional capitals and smaller cities like Lisakovsk. Major complexes in Astana, Almaty, Shymkent, Karaganda, Aktobe, and Ust-Kamenogorsk each include six indoor and...

1 year ago

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