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Bektenov lists 22 documents for $4.8 billion at KGIR, two memoranda at $1 billion each

Twenty-two documents worth $4.8 billion were signed on the sidelines of the ninth Kazakhstan Global Investment Roundtable in Shymkent on 22 October, the prime minister’s office said: three investment agreements led by a $730 million wind farm in Kostanay region, and memoranda including $1 billion for a Kuryk port terminal with China’s Guoyou Materials Group and $1 billion for 20 inclusive schools.

By CAW Staff23 October 2026
A row of wind turbines on flat steppe at dawn with an amber survey flag on a stake in the foreground.

The three agreements are the binding part of the list. The energy ministry signed with Turan Wind Energy for a 1,000 MW wind farm with storage in Kostanay region at $730 million, the transport ministry with Freedom Lab for an intelligent road control system, ISKAD, at $249.6 million, and the industry ministry with Aktobe Steklo for a glass container plant in Aktobe at $150 million, by the office’s own list. Three of the 22 documents are investment agreements.

The memoranda carry the larger sums. The education ministry and DSKZ & KAMC signed for 20 regional inclusive schools at $1 billion, Baiterek and Guoyou Materials Group for a multifunctional terminal in the first stage of Kuryk port at $1 billion, Kazakh Invest and Shoval Kazakhstan for an international medical city at $650 million, the ministry of artificial intelligence and digital development and Amsa Digital for a 250 MW data centre at $500 million, the Turkestan akimat and Nurym Group for a meat cluster at $111.1 million, the science ministry and Coventry University Kazakhstan for a campus with dormitory in Astana on the British model at $40.8 million, and the Kyzylorda akimat and Apex Packaging for a polypropylene bag plant at $8.8 million. A framework agreement with the Shymkent akimat covers a PET preform and plastics plant at $74.3 million.

Three of the 22 documents are investment agreements.

Prime Minister Olzhas Bektenov gave the roundtable his numbers: GDP above $300 billion last year with growth of 6.5%, almost half a trillion dollars of foreign direct investment since independence and more than $100 billion in the past five years, and S&P’s upgrade of the sovereign rating to BBB, the first in a decade. Stadler Rail, Carlsberg and PepsiCo were his examples of companies already producing or building.

The eleven items the office names add up to about $4.5 billion of the $4.8 billion by CAW’s arithmetic, and the binding three to $1.13 billion. The rest of the headline figure is memoranda and the “and others” at the end of the list.

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