Kazakhstan Construction Market to Expand by 6.8% in 2025, Supported by Investments in Infrastructure and Manufacturing Projects
The Kazakhstan construction industry is expected to experience a significant growth of 6.8% in real terms in 2025, driven by investments in transport infrastructure and manufacturing projects. The Ministry of National Economy reported a 2.7% year-on-year growth in fixed capital investment in the first two months of 2025, following an annual growth of 7.4% in 2024. The construction industry's growth is also expected to be supported by the planned construction and upgrade of 13,000km of roads by 2030, as well as the government's plans to construct and repair 5,000km of railways in 2025.
Key Takeaways:
- The construction industry in Kazakhstan is expected to expand by 6.8% in real terms in 2025, supported by investments in transport infrastructure and manufacturing projects.
- The Ministry of National Economy reported a 2.7% year-on-year growth in fixed capital investment in the first two months of 2025, following an annual growth of 7.4% in 2024.
- The volume of contraction works in the construction industry grew by 14.4% year-on-year in the first two months of 2025, following an annual growth of 16.7% in 2024.
- The government plans to construct and repair 5,000km of railways in 2025, with key projects including the construction of a new line between Kyzylzhar and Moyinty, and the modernization of the Altynkol-Zhetygen section with double-track inserts.
- Over the remaining part of the forecast period, from 2026 to 2029, the construction industry is projected to grow at an average annual rate of 3.3%, driven by investments in energy, transport infrastructure, and industrial park projects.
- The Ministry of Industry and Construction announced that Kazakhstan anticipates an investment inflow of KZT1.1 trillion ($2.2 billion) into its manufacturing sector in 2025, with the plan to implement 190 investment projects across key sectors such as mechanical engineering and ferrous metallurgy.
- The KIA Qazaqstan plant in the Kostanai Region is set to produce 70,000 cars annually, while a new household appliance factory in the Almaty Region will manufacture 750,000 units each year.
Statistics:
- The construction industry in Kazakhstan is expected to expand by 6.8% in real terms in 2025.
- The Ministry of National Economy reported a 2.7% year-on-year growth in fixed capital investment in the first two months of 2025.
- The volume of contraction works in the construction industry grew by 14.4% year-on-year in the first two months of 2025.
- The government plans to construct and repair 5,000km of railways in 2025.
- The Ministry of Industry and Construction announced that Kazakhstan anticipates an investment inflow of KZT1.1 trillion ($2.2 billion) into its manufacturing sector in 2025.
Sources:
- ResearchAndMarkets.com's "Kazakhstan Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report.
- Ministry of National Economy report on fixed capital investment in the first two months of 2025.
- Ministry of Transport announcement on construction and upgrade of 13,000km of roads by 2030.
- Ministry of Industry and Construction announcement on investment inflow into manufacturing sector in 2025.
- BusinessWire.com report on Kazakhstan construction market.