Kazakhstan to allocate over KZT450bn worth of investment to repair utilities networks

utilities
Photo: primeminister.kz

The country conducts a large-scale modernization of its housing and utility sector as part of the instructions given by the President, Kazinform News Agency cites the press service of the head of the Kazakh government.

In 2023, the country provided 500 billion tenge, including 327 billion tenge from the budget, to modernize the utilities infrastructure. As a result, a number of major thermal stations and 5.8 thousand kilometers of engineering networks underwent repairs.

This year, over 450 billion tenge of investment is to be provided to this end and 6.5 thousand km of engineering networks are set to be repaired.

Thanks to its tariff reform, the country aims to attract around 3 trillion tenge worth of investments to modernize 62 thousand km of engineering networks and reduce the wear of engineering networks by 20% by 2029, bringing the utilities infrastructure to the standard condition.

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