Kazakh President Tokayev Urges Accelerated Nuclear Power Development and Infrastructure Expansion

OPA WIRE, Oct 29 (OPA) — President Tokayev announced plans to begin construction of the Balkhash nuclear power plant by 2027, while simultaneously seeking a comprehensive agreement to launch the Moyynkum facility. The president argued that nuclear energy is essential to resolve chronic electricity shortages that have forced the nation to import power at high costs during winter months. He criticized existing energy management practices, citing corruption and deliberate obstruction of infrastructure projects as primary barriers to national energy security.

Beyond energy, Tokayev emphasized the need to capitalize on the Trans-Caspian International Transport Route. The government has prioritized the Aral-Caspian Highway and the upcoming Bakty–Ayagoz railway line, which is expected to increase freight capacity by 20 million tonnes. These projects are intended to shorten transit times and position Kazakhstan as a central organizer of international freight flows rather than a mere transit corridor. The president noted that the current geopolitical climate, which he described as more unpredictable than the Cold War, necessitates these overland infrastructure investments.

Economic indicators provided in the address show a stable trajectory, with GDP projected to exceed €350 billion this year. The industrial sector now represents over 14% of the economy, supported by a National Fund and foreign exchange reserves totaling more than €110 billion. Tokayev directed the government to utilize these resources to modernize public infrastructure, designating next year as the Year of Nationwide Construction. This initiative includes the development of 70 medical facilities and 50 educational and cultural centers across the country.

Looking ahead, the government plans to allocate approximately €12.8 billion from the National Fund for infrastructure projects through 2029. With a demographic profile where 34% of the population is under the age of 18, the president stressed that these investments are vital for long-term social stability. The address concluded with a focus on diversifying the economy beyond traditional sectors, aiming to integrate artificial intelligence and digital services into the broader public infrastructure framework.