ABOUT THE MARKET
KAZAKHSTAN is the 9th largest country in the world, covering an area of 2,724.9 thousand square kilometers. Geographically, the country is located in the center of the Eurasian continent, at the crossroads of Europe and Asia. According to the latest data for 2026, the population of the republic exceeds 20.5 million people, while more than 1.6 million residents live in the capital city of Astana.
Kazakhstan continues to maintain its status as the key investment hub of Central Asia. According to the report of the United Nations Conference on Trade and Development (UNCTAD), the accumulated volume of Foreign Direct Investment (FDI) in the country’s economy has reached USD 151.3 billion, accounting for approximately 68–69% of all investments in the region.
ON CONSTRUCTION ACTIVITIES AND COMMISSIONING OF FACILITIES IN THE REPUBLIC OF KAZAKHSTAN
In 2025, Kazakhstan’s construction sector demonstrated steady growth. By the end of the year, the volume of completed construction works increased by 15.9%, exceeding KZT 7 trillion. The main growth drivers were residential construction, engineering infrastructure development, and major renovation projects.
In 2025, the total volume of construction works in Kazakhstan amounted to KZT 10,704.8 billion. The industry demonstrated significant growth, largely driven by the private sector, which accounted for 94.1% of the total volume of construction services.
STRUCTURE OF COMPLETED CONSTRUCTION WORKS (SERVICES)
During the first four months of 2026, the volume of construction works in Kazakhstan increased by 14.5% and reached KZT 1,739.5 billion. This growth was driven by large-scale government and infrastructure investments.
The volume of investments in fixed capital in Kazakhstan for January–April 2026 amounted to KZT 4,936.6 billion. This is 6.7% higher compared to the same period in 2025. By the end of 2025, total investments reached KZT 22.7 trillion.
Fixed Capital Investment Dynamics (Kazakhstan)
- January–April 2026: KZT 4.9 trillion (+6.7% compared to January–April 2025).
- January–March 2026: KZT 3.5 trillion (+6.4% year-on-year).
- Full-year 2025: KZT 22.7 trillion (+13% compared to 2024).
Investment Distribution Structure (2025 example)
- Companies’ own funds: 61.5%
- State budget funds: 21.9%
- Bank loans: 4.5%
- Other borrowed funds: 12.1%
The following segments accounted for the largest share of the total volume in 2025:
- Construction of non-residential buildings
- Construction and repair of structures
- Construction of residential buildings
The distribution of contractor contributions also showed minimal government participation:
- Private construction companies: 94.1%
- Foreign contractors: 5.4%
- State-owned enterprises: 0.5%
According to the data of the Bureau of National Statistics of the Republic of Kazakhstan, the commissioning indicators for new facilities were as follows:
- For 2025: The total area of newly commissioned facilities amounted to 27,067.2 thousand sq. m, of which 20,099.1 thousand sq. m accounted for residential housing.
- For January–April 2026: The total area of commissioned facilities amounted to 6,334.1 thousand sq. m. In addition, numerous infrastructure facilities were commissioned, including 21 general education institutions, 17 preschool organizations, and 2 outpatient clinic centers.
ECONOMIC GEOGRAPHY
Almaty is the country’s largest metropolis and has served as the economic, cultural, and educational center of the republic for many decades.
Industrial production in the Almaty Region reached KZT 2.6 trillion, demonstrating growth of more than 10%. The region is steadily transforming from an agricultural area into a powerful industrial center.
Sources: Bureau of National Statistics, kapital.kz, primeminister.kz, Tengrinews.kz.
