Skip to main content

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

  • Slovakia to tap into the European Fund for Strategic Investment
    December 4, 2014
    The Slovak Finance Ministry has confirmed that it has earmarked two projects for which it will apply to the EU for funds from the newly created European Fund for Strategic Investment (EFSI). European Commission President Jean-Claude Juncker recently announced the creation of the US$26.2 billion EFSI fund as part of EC's $388 billion three-year investment plan to boost Europe's struggling economy. The two projects for which Slovakia plans to apply for funds from EFSI are the completion of the construct
  • Addressing road safety issues worldwide
    February 27, 2012
    Actions are planned on road safety but are they enough? - *Charles Melhuish and *Alan Ross report. Deaths and injuries on the world's roads are now a major health concern. Road crashes now cause around 1.3 million deaths and injure or disable as many as 50 million persons globally each year. The vast majority of these deaths and injuries (over 90%) occur in low- and medium- income countries adding to their already overburdened health facilities as well as adversely affecting economic and social development
  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%
  • Sri Lanka and India have toughened enforcement on drink driving
    January 8, 2013
    The authorities in India and Sri Lanka are targeting drink driving in a bid to cut crashes. Both countries have high road accident levels and with high annual fatality rates. In a bid to reduce the annual death toll, similar actions are being taken in both nations that focus on tackling drink driving. Data from Sri Lanka show that in 2012, there were 2,190 reported road-related fatalities and of these, negligence and drunk-driving were the main causes of crashes. But despite increased enforcement of traffic