• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00206 0%
  • TJS/USD = 0.10699 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 11

Tokayev Calls for Greater Role for Kazakhstani Businesses in Alatau City Development

Kazakhstani entrepreneurs must become full participants in the development of Alatau City, the country’s flagship smart city project, alongside foreign investors, Kazakhstan’s president Kassym-Jomart Tokayev said. He made the remarks during a meeting on the future of what is envisioned as Kazakhstan’s first fully digital city. In 2024, Tokayev signed a decree granting city status to Zhetygen village, located approximately 50 kilometers from Almaty, Kazakhstan’s largest city. Alatau City incorporates Zhetygen as well as the settlements of Enbek, Zhanaarna, and Kuigan, along with parts of Konaev and Talgar district in Almaty Region. The project is designed as a smart city comprising four distinct zones: the Gate District, a financial and business center; the Golden District, focused on education and healthcare; the Growing District, dedicated to industrial and logistics facilities; and the Green District, intended for recreation and entertainment. Speaking at the June 2 meeting in Almaty, Tokayev said more than 50 investment projects had already been identified for Alatau City, with a combined value of approximately $4 billion and the potential to create more than 50,000 jobs. He called for the portfolio to be expanded in the next one or two years by attracting investors to priority sectors. Domestic businesses, he said, must become “full participants in the city’s development rather than mere observers.” Tokayev cited Shenzhen and special legal regimes in Hainan, Dubai, and Singapore as examples of places where governments played an early role by building core infrastructure. That approach, he added, reduces risks for businesses, creates predictable conditions for private capital, and can generate a cycle in which public infrastructure investment attracts private capital and future tax revenues. The president warned that shifting the burden of initial infrastructure investment to the private sector can reduce a project’s appeal and lead to monopolistic structures with excessive tariffs. He instructed the government to ensure stable financing for Alatau City’s core infrastructure during the initial stage and said the city could be given additional borrowing limits and authority to undertake government borrowing until it develops a sustainable revenue base. Budget funds, he said, must be used strictly for investment purposes and linked to the city’s long-term development. Tokayev directed investment toward priority sectors including information technology, industry, transport and logistics, tourism, healthcare, and education. To create a favorable investment climate, he instructed officials to follow international standards, especially in areas where national regulations lag behind global practice. He identified Alatau City as a strategic platform for the rapid development of digital assets and a new financial architecture for Kazakhstan. Additionally, he called for the quick removal of excessive barriers in the sector and the introduction of new financial instruments. These would include a clear legal status for digital assets, recognition of crypto assets as property, and the use of the digital tenge within the new system. Tokayev also proposed a zero tax rate on digital asset transactions and capital gains generated within the jurisdiction, as well as faster work to tokenize real-sector assets, including real estate, infrastructure projects, and natural...

Kazakhstan Reshapes Education System to Meet Industrial and Labor Market Needs

Kazakhstan has begun a large-scale restructuring of its education system in 2025-2026 as authorities attempt to address labor shortages, overloaded school infrastructure, and the growing mismatch between graduates’ qualifications and the needs of the economy. While previous reforms focused primarily on expanding access to education, the government is now shifting toward tighter administrative management of student enrollment, stronger support for technical and vocational training, and the integration of digital technologies into schools. As previously reported by The Times of Central Asia, the reforms are unfolding amid growing pressure on Kazakhstan’s labor market. One of the most pressing issues remains the condition of the country’s school infrastructure. Rapid urbanization and internal migration have created chronic shortages of school places in major cities and southern regions. To address the problem, authorities launched the “Comfortable School” national project, which envisioned the construction of 369 schools with capacity for 740,000 students during 2023-2024. However, implementation has faced delays caused by contractor failures and rising construction material costs. According to project operator Samruk-Kazyna Construction, by the end of 2025 authorities had commissioned 208 schools, creating more than 217,000 new student places. Most of the facilities were built in Astana, Almaty, and Turkistan Region. President Kassym-Jomart Tokayev previously warned that even accelerated school construction would only temporarily alleviate the problem, since at current population growth rates the shortage of school places could reach 400,000 in the medium term. Against this backdrop, authorities are increasingly turning to technological solutions. In May 2026, Tokayev signed a decree introducing artificial intelligence into the secondary education system. Under the initiative, AI technologies are expected to serve as auxiliary tools for personalized learning, identifying gaps in student knowledge, and reducing teachers’ workloads. By August 1, schools participating in the pilot program are expected to be equipped with high-speed internet access, while by September 1 authorities plan to approve national standards governing the use of AI in education. At the same time, Kazakhstan is strengthening support for technical and vocational education. For the 2025-2026 academic year, around 70% of state-funded grants in the technical and vocational education system were allocated to engineering and technical specialties, including metallurgy, mechanical engineering, energy, construction, and information technology. Authorities are also attempting to expand elements of dual education programs involving private businesses. According to official data, more than 4,000 enterprises have established partnerships with colleges. However, full-scale implementation remains largely confined to major industrial regions, while small and medium-sized businesses in other areas remain reluctant to participate in organizing practical training for students. Significant changes are also affecting higher education. Minister of Science and Higher Education Sayasat Nurbek announced a redistribution of state grants toward professions facing the most acute labor shortages, including thermal power engineering, industrial engineering, water management, and materials science. University financing will now depend directly on institutions’ positions in national rankings and on graduate employment rates. For weaker regional universities, this could effectively mean automatic reductions in state funding. Leading universities have also been granted the right to independently raise admission thresholds...

Astana Launches First Light Rail Transit Service After Years of Delay

Kazakhstan has officially launched Astana’s long-awaited light rail transit (LRT) system, connecting the capital’s international airport with Nurly Zhol railway station. President Kassym-Jomart Tokayev took part in the inauguration ceremony despite previously expressing doubts about the project’s viability. The Astana LRT project, envisioned as a high-speed elevated transport system designed to bypass road congestion, was first launched in 2011. Authorities initially planned to complete construction by 2017, ahead of the international EXPO exhibition hosted in the capital. However, the project was suspended in 2013 because of rising costs. In 2015, Astana’s city administration attempted to revive the initiative with the participation of a consortium of Chinese companies, China Railway International Group Limited and Beijing State-Owned Assets Management Co., Ltd., but the contractors later withdrew because of financing problems. [caption id="attachment_49015" align="aligncenter" width="2560"] @Akorda[/caption] In 2019, criminal investigations were launched over allegations of inflated project costs and embezzlement of public funds allocated for construction. Former Astana LRT chief Talgat Ardan and former deputy mayor of Astana Kanat Sultanbekov were accused of embezzling nearly 30 billion KZT (approximately $79 million at the exchange rate at the time). In May 2023, both men were sentenced in absentia to seven years in prison. Ardan was detained in Turkey in May 2025 following an extradition request by Kazakhstan. However, to date, he has not been extradited because the legal assistance agreement between Kazakhstan and Turkey does not specify deadlines for extradition procedures. [caption id="attachment_49041" align="aligncenter" width="2560"] @Akorda[/caption] Despite Tokayev’s initial skepticism about the LRT project’s practicality, city authorities ultimately decided to complete construction. The system officially entered service this weekend, with Tokayev personally attending the launch ceremony. During a visit to the Unified Dispatch Center, which is responsible for monitoring and regulating Astana’s public transport system, including the LRT network, Tokayev described the opening as significant not only for Astana but for Kazakhstan as a whole. Tokayev said the capital should eventually become a major transportation hub for Eurasia. [caption id="attachment_49016" align="aligncenter" width="2560"] @Akorda[/caption] After receiving passenger card No. 001, Tokayev became the system’s first official passenger, traveling from the airport to the National Museum station. Astana Mayor Zhenis Kassymbek said a dedicated dispatch service for the LRT system has been established. Twenty-one specialists are involved in monitoring and regulating the city’s public transport network. Each LRT train can carry more than 600 passengers. The 22.4-kilometer line will operate with 15 trains, while four additional trains will remain in reserve. The trains operate in fully automated driverless mode. Train acceleration, braking, door operations, and emergency response systems are entirely automated, although manual control and communication with dispatchers remain available as backup systems. The new infrastructure includes 18 stations and a modern depot facility. Travel time across the entire route is expected to take approximately 40 minutes, with average speeds of 50-60 kilometers per hour. Trains are scheduled to run at intervals of five to six minutes. [caption id="attachment_49017" align="aligncenter" width="2560"] @Akorda[/caption] Authorities are already discussing a second expansion phase of the LRT network. Planned future...

Turkic States Focus on AI and Trade at Kazakhstan Summit

Leaders of the Organization of Turkic States (OTS) are holding an informal summit in the city of Turkistan, focused on artificial intelligence, digitalization, and economic integration, as Central Asia gains importance as an alternative trade corridor between Europe and China. The meeting brings together the leaders of Kazakhstan, Turkey, Azerbaijan, Uzbekistan, and Kyrgyzstan, along with representatives of observer states. Discussions are centered on digital platforms, joint AI projects, transport corridors, and industrial cooperation. The summit comes amid rapid growth of the Trans-Caspian International Transport Route, also known as the Middle Corridor, which links China and Europe through Central Asia and the Caucasus while bypassing Russia. According to analysts in Kazakhstan, cargo volumes along the route reached 3.3 million tons in 2024, almost six times the 2021 level. Turkish President Recep Tayyip Erdoğan arrived in Astana on a state visit ahead of the summit and held talks with Kazakh President Kassym-Jomart Tokayev. “Kazakhstan and Turkey are connected by enduring friendship, brotherhood, and eternal partnership,” Tokayev said following the meeting. Erdoğan thanked Kazakhstan for the reception and highlighted the escort provided by Kazakh military fighter jets after his aircraft entered the country’s airspace. According to participants at the OTS business forum, the combined GDP of member states exceeds $2.1 trillion, while their total population stands at 178 million people. Despite increasing political coordination, trade between OTS countries still accounts for only around 7% of their total foreign trade turnover, leaving considerable room for deeper economic integration, analysts say. OTS member states are increasingly seeking to expand cooperation beyond cultural and political ties by focusing on logistics, the digital economy, and joint investment projects. Kazakhstan views the organization as one of the instruments for diversifying its foreign economic relations and expanding its role as a transit hub between Asia and Europe.

Opinion: Turkey’s Third Vector: How the Turkic States Are Expanding Central Asia’s Room for Maneuver

President Recep Tayyip Erdoğan’s May 13-14 state visit to Kazakhstan and the May 15 informal summit of the Organization of Turkic States in Turkistan should not be read as isolated diplomatic events. Together, they point to a larger shift in Central Asia’s geopolitical architecture. During Erdoğan’s visit to Astana, Kazakhstan and Turkey signed the Declaration on Eternal Friendship and Expanded Strategic Partnership, along with agreements covering trade, transport, energy, education, investment, defense cooperation, oil and gas, and financial-sector collaboration. The two sides also reaffirmed their goal of raising bilateral trade to $15 billion. Erdoğan was awarded the newly established Khoja Ahmed Yassawi Order, a symbolic gesture tied to the summit being hosted in Turkistan, the city most closely associated with Yassawi’s legacy. A day later, Turkistan hosted the informal summit of the Organization of Turkic States under the theme “Artificial Intelligence and Digital Development.” The timing matters. Central Asia is no longer operating inside a simple Russia-China framework. Russia remains deeply embedded in the region through security history, infrastructure, language, labor migration, and energy networks. China remains the region’s main infrastructure and trade heavyweight. The West is increasingly focused on sanctions, critical minerals, connectivity, and the Middle Corridor. But Turkey is becoming something different: not a replacement for Russia or China, but a useful third vector. Its influence is built on identity, logistics, defense technology, education, digital cooperation, and institutional networking through the Turkic States framework, rather than overwhelming capital or military dominance. Turkey as a Corridor Power Turkey cannot match China’s investment scale in Central Asia. It also cannot match Russia’s historical security depth. Ankara does not need to replace either power to matter. Its comparative advantage is different. Turkey connects Central Asia westward, to the South Caucasus, the Black Sea, the Mediterranean, and Europe. It also offers a language of partnership that is culturally familiar and politically less threatening than great-power patronage. Tokayev captured this dimension during the joint statements in Astana, describing Turkey as a “golden bridge” connecting Europe and Asia. The framing is telling: not a partner of equal weight, but a connector, exactly the function of a corridor power. A corridor power does not dominate a region directly. It expands the routes, partnerships, platforms, and strategic options available to states that do not want to be trapped between larger powers. That is why the Erdoğan-Tokayev meeting and the Turkistan summit matter. The issue goes beyond bilateral trade. It is the gradual construction of a Turkic corridor linking identity, transport, defense, digital governance, and markets. The OTS as Identity Infrastructure The Organization of Turkic States is often dismissed as symbolic: summits, speeches, flags, cultural rhetoric, and references to shared history. That reading is incomplete. Identity is not just emotion. In international politics, identity can become infrastructure. Shared language, educational networks, media links, cultural affinity, and repeated institutional contact reduce the cost of trust-building. They make it easier to sign agreements, build transport projects, expand student exchanges, coordinate business forums, and create political habits of consultation. The...

Turkic States to Focus on Artificial Intelligence at Kazakhstan Summit

Kazakhstan will host an informal summit of the Council of Heads of State of the Organization of Turkic States (OTS) in the city of Turkistan on May 15, where participating leaders are expected to focus on artificial intelligence, digitalization, and expanding economic cooperation. Held under the theme “Artificial Intelligence and Digital Development,” the summit is expected to become one of the largest regional gatherings of Turkic states in 2026. Heads of state and government from member and observer countries, along with the OTS secretary-general, are expected to attend. According to the organization, participants will discuss the use of AI and digital innovation to stimulate economic growth, modernize public services, and improve regional connectivity. The agenda also includes joint initiatives involving Turkic digital platforms. Ahead of the summit, President Recep Tayyip Erdoğan of Turkey will make a state visit to Astana at the invitation of President Kassym-Jomart Tokayev. The leaders of Kazakhstan and Turkey are scheduled to hold the sixth meeting of the High-Level Strategic Cooperation Council and discuss the development of bilateral relations. In recent years, the OTS has gradually expanded cooperation beyond its traditional political and cultural agenda to include transport corridors, energy, and the digital economy. The summit in Turkistan is expected to represent an effort to shape a common regional agenda in the field of artificial intelligence. The OTS said holding the meeting in Turkistan, described by the organization as the “spiritual capital of the Turkic world”, symbolizes an attempt to combine shared historical heritage with technological modernization across the region. The organization’s members include Kazakhstan, Turkey, Azerbaijan, Uzbekistan, and Kyrgyzstan. Observer status is held by Turkmenistan, Hungary, and the Turkish Republic of Northern Cyprus. The economic dimension of the summit also remains central. According to Turkish sources, annual trade turnover between Turkey and OTS member states has approached $17 billion. Turkish exports to Kazakhstan, Azerbaijan, Kyrgyzstan, and Uzbekistan increased from $6.2 billion in 2021 to $10 billion in 2024. During the same period, imports rose from $4.2 billion to $6.5 billion. In 2025, Turkish exports to OTS countries totaled $9.6 billion, while imports reached $7.3 billion. Kazakhstan remains Turkey’s largest export destination among OTS member states, with Turkish exports to the country reaching $3.2 billion. During the first three months of 2026 alone, Turkish exports to Kazakhstan amounted to approximately $700 million. A Turkish-Kazakh business forum is also expected to take place during Erdoğan’s visit to Astana, with participation from business representatives from both countries and Turkey's Trade Minister Ömer Bolat. The forum is expected to focus on expanding trade and investment ties. As preparations for the summit intensify, Kazakhstan has increased security measures. Additional police forces from neighboring regions have reportedly been deployed to Turkistan, while military aviation training flights began in Astana on May 10 ahead of an aerial demonstration scheduled for May 15. Kazakhstan’s Defense Ministry said the flights would be conducted at safe altitudes and should not significantly affect daily life in the capital.