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Islamic Development Bank IsDB

Kazakhstan targets IsDB funds to boost infrastructure in economic zones

ASTANA, Kazakhstan, February 10. Kazakhstan plans to invest over 1 trillion tenge (about $2 billion) over the next three years by attracting funds from the Islamic Development Bank (IsDB) to fully develop the infrastructure of special economic zones (SEZs) and industrial zones, Prime Minister Olzhas Bektenov said, TurkicWorld reports via the Kazakh government.

He made the statement at an expanded Government meeting chaired by President Kassym-Jomart Tokayev, noting that the current pace of economic growth requires accelerated development of infrastructure.

The Prime Minister further highlighted that infrastructure provision stands at an average of 53% in special economic zones (SEZs) and 48% in industrial zones, a shortfall that hampers the effective implementation of investment projects. To address this, the Government has adopted several measures aimed at expediting infrastructure development in both SEZs and industrial zones.

He affirmed that decisions have been made to ensure complete (100%) infrastructure coverage in these zones. The planned investments are anticipated to eliminate infrastructure bottlenecks, enhance the investment climate, and facilitate the execution of new industrial projects nationwide.

The currency conversions are based on the official exchange rate of 1 USD = 494.75 tenge, as of February 10, 2026.

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