Enhances shipping capacity on Transcaspian Corridor by a factor of six in Kazakhstan
Kazakhstan Announces Major Investments in Energy Sector Modernization and Transport Infrastructure
Kazakhstan has unveiled ambitious plans to invest approximately $15 billion over the next five years in modernizing its energy sector and facilities, as part of the National Program adopted in December 2024. The program aims to attract 6.8 trillion tenge (approximately US$12.6 billion) in investments.
The funds will be directed towards the renovation of 86,000 kilometers of utility networks, with the goal of reducing infrastructure wear to 40%. This modernization is expected to improve the reliability of services and minimize disruptions.
Deputy Prime Minister Kanat Bozumbayev underscored the government's commitment to modernizing Kazakhstan's infrastructure. He highlighted the Transcaspian International Transport Route (TITR) as a key focus area, stating that it has become a strategic artery for Kazakhstan and the broader region.
The TITR, a significant regional transport hub for Kazakhstan, is expected to be a key driver of trade diversification and regional economic integration. Over the past five years, Kazakhstan's cargo shipments along the TITR have increased sixfold, from 800,000 tonnes in 2020 to 4.5 million tonnes in 2024. The government aims to further expand annual freight capacity of TITR to 10 million tonnes.
The success of the Transcaspian corridor reflects Kazakhstan's growing competitiveness in global logistics. The corridor provides critical links between Asia and Europe, as highlighted by Deputy Prime Minister Kanat Bozumbayev during the Astana Finance Day 2025 forum.
In addition to infrastructure improvements, Kazakhstan plans to commission at least 26 gigawatts of new generation capacity by 2035. The new generation capacity will be achieved through increasing the share of renewable energy, developing flexible gas-fired generation, expanding hydropower resources, and modernizing conventional carbon-based capacities. Bozumbayev stated that these measures will improve Kazakhstan's energy security.
The Transcaspian corridor is not the only strategic transport route for Kazakhstan. The Transcaspian International Transport Route (TITR) is a significant regional transport hub for Kazakhstan, expected to be a key driver of trade diversification and regional economic integration, as reported by Kazinform news agency.
The National Program for the Modernization of the Energy and Utilities Sector is part of a larger National Infrastructure Plan until 2029, approved by the government in July 2024. The plan is designed to upgrade essential life-support systems, enhance connectivity, and stimulate sustainable economic growth.
These measures are expected to enhance the efficiency of Kazakhstan's transport infrastructure and contribute to the country's long-term economic development.
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