Kazakhstan investing in transport

The authorities in Kazakhstan are budgeting for an increase in infrastructure spending for 2012.
March 19, 2012 Read time: 1 min
The authorities in Kazakhstan are budgeting for an increase in infrastructure spending for 2012. The Transport Ministry in the country’s capital of Almaty have set a budget of US$549 million for 2012, which represents an increase of 32.2% from the budget for 2011. Key projects include the construction of several road interchanges, main streets, and overhauls to major roads. The country has extensive natural resources and new transport infrastructure is required to help Kazakhstan develop its economy and provide access to outlying areas where many of these resources are situated.

Related Content

  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More
  • Transport the key to economic growth
    July 12, 2012
    Delegates from around the world discussed the future of global transport at the 2009 International Transport Forum in Leipzig, Germany In the face of the global economic downturn, transport will play a key role in supporting economic growth and in the creation of new confidence in the world's economic future, the delegates of the 2009 International Transport Forum (ITF) agreed. As almost all global threats have strong, central links and impacts, the transport sector will remain at the forefront of most glob
    Read More
  • Mongolia intends to invest in expanding its road network
    April 10, 2012
    The Mongolian Government intends to boost investment in the country’s road network, part of a move to improve access in major towns and cities as well as connect outlying areas. With development of Mongolia’s mineral resources set to expand, new road links will be crucial to its economic future. The government has given approval for the construction of bridges and roads. This also includes repairing 35km of roads and building 25km of paved roads will be built in capital Ulaanbaatar.
    Read More

Highlighted Content