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Kazakhstan channels 40 billion tenge of recovered assets into airport upgrades

1 min
Kazakhstan channels 40 billion tenge of recovered assets into airport upgrades

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakhstan has allocated more than 40 billion tenge from recovered state assets to six major transport projects, three of which are already complete. The funds financed the reconstruction of airports in Pavlodar, Arkalyk and Balkhash, expanding regional air connectivity.

Key Facts

  • More than 1 trillion tenge has been returned to state ownership under the president's directive.
  • Six major transport projects worth over 40 billion tenge are being implemented, with three already completed.
  • Pavlodar airport's capacity increased from 200 to 300 passengers per hour after runway modernization.
  • Arkalyk airport resumed operations on August 22 after more than 30 years without full air service.
  • Balkhash airport was commissioned on June 1 and serves thousands of residents and tourists annually.

Recovered Asset Funding

More than 1 trillion tenge has been returned to state ownership under the president's directive. The funds are directed to building schools, hospitals, sports facilities and other social infrastructure. Transport projects form a separate funding stream, with six initiatives worth over 40 billion tenge currently underway. Three of these transport projects have already been completed.

Airport Modernization

Pavlodar airport's runway was modernized using money from the Special State Fund. The airport's capacity rose from 200 to 300 passengers per hour after reconstruction. Arkalyk airport completed a new terminal and runway reconstruction on August 22. Residents of Arkalyk and nearby districts had lacked full air service for more than 30 years. Balkhash airport was commissioned on June 1 and serves thousands of residents and tourists annually.

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