Kazakh Prime Minister Reviews UAE Masdar and China Energy Projects in Shymkent

Kazakhstan's Prime Minister Olzhas Bektenov reviewed major international projects, including UAE-based Masdar's wind farm and China Energy's renewable facilities, at the KGIR-2026 investment forum in Shymkent. The gathering brought together over 500 investors and business representatives from more than 40 countries. Bektenov noted that Kazakhstan's GDP surpassed $300 billion last year and the country has attracted nearly $500 billion in foreign direct investment since independence.

Published October 22, 2026 Source: Trend News Agency

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Kazakhstan's Prime Minister Olzhas Bektenov attended the 9th Kazakhstan Global Investment Roundtable (KGIR-2026) in Shymkent, where he reviewed major international joint projects with foreign partners across energy, manufacturing, and agriculture, according to the Kazakh Prime Minister's press service reported by Trend News Agency.

Ahead of the plenary session, Bektenov examined key ventures including the construction of a wind power plant by the UAE's Masdar in the Zhambyl region and renewable energy facilities by China Energy in the Karaganda and Turkestan regions. Other reviewed initiatives included a beverage plant by Carlsberg Group in the Almaty region, development projects in Alatau City, and local Shymkent enterprises such as the Alsera greenhouse complex and the QazAlPack manufacturing plant.

The KGIR-2026 forum gathered more than 500 investors and corporate representatives from over 40 countries under the theme "From Stability to Growth: Kazakhstan's New Investment Cycle". During the plenary opening, Bektenov presented the country's expanded investment opportunities and strategic economic priorities.

According to Bektenov, Kazakhstan's GDP exceeded $300 billion last year, reflecting a growth rate of 6.5%. He stated that Kazakhstan has attracted nearly $500 billion in foreign direct investment since independence, with over $100 billion drawn in the past five years alone, supported by objectives outlined in the country's updated Investment Policy Concept through 2030.