Kazakhstan International Building & Interiors Exhibition
New dates and venue
27-29 April 2022

Nur-Sultan Development

Nur-sultan - impressive breakthrough over two decades

Thanks to economic model of development built by the Head of State, the city has provided about 6.3 trillion tenge of revenues to the state budget for 20 years, for the same period the volume of received transfers amounted to 2.3 trillion tenge. Thus, state investments in development of the capital have more than doubled. Revenues to the state budget reached about 1 trillion tenge (increased 78 times), of which 77% or 770 billion tenge goes to republican budget.

Self-sufficient economic structure of the city was formed, based on small and medium businesses, production volume of which reached 4.3 trillion tenge. The share of SME in the structure of city's GRP exceeded 57.4% (increased four times from 13% in 2005) and is the highest among all regions.

All these years, the capital has demonstrated a steady growth of the main indicators of socio-economic development. Gross regional product of the city has already reached the level of 5.1 trillion. tg, compared with 25.7 billion tenge in 1997. In real terms, the increase is 5.5.

The total investment in 20 years amounted to almost 8 trillion tenge. Last year, the volume of investments reached a record 945 billion tenge, which is 49 times more than in 1997. In the last year alone, investment grew by 3%, of which almost 200 billion tenge is foreign direct investment (or 3.4 times more indicators 2016). The growth of extrabudgetary investments, their share reached about 80%.

Industrialization policy allowed creation of developed industrial sector, production volume of which already reached 550 billion tenge (in nominal terms it grew 36 times from 15.2 billion tenge in 1997, in real terms - five times).

In terms of growth rate of manufacturing industry last year Astana came out on top among regions of Kazakhstan (108%, average in the republic - 105.1%), as a whole in industry, the second best after Atyrau region. Over the year inflation decreased by almost 3%.

Last year in Nur-Sultan, record 2.36 million m2 of housing was built, which is 25% of republican volume (the level of housing in the capital reached 29.6 m2 per person).

Four prospective development zones and a program for renovation of old part of the city were determined according to the principles of compactness, polycentricity and walking distance. Here it is possible to build more than 17 million m2 of housing additionally (including more than 3 million m2 within the framework of renovation program).

A five-year program for development of the city with advanced construction of physical and social infrastructure, taking into account phasing and definition of financing, is being worked out.

Also, five versions of a master plan for development of the city of up to 2 million people are being developed. The competition involves the largest consortiums from the UK, Canada, Singapore and Russia: Gillespies, Space Syntax, Urban strategies Inc, New Space Architects Pte Ltd, ViPS JSC. Master plan is scheduled to be submitted for approval to the Head of State in May.

In general, in 2019 it is planned to implement such projects as:

  • Construction of 4.5 million m2 of housing (2018–2019);
  • 100 km of motor roads (2018–2019);
  • LRT;
  • Abu Dhabi Plaza Complex;
  • Completion of construction of CHP-3;
  • Completion of reconstruction of the Yesil riverbed;
  • Completion of storm sewage system.

The level of motorization is very high and constantly growing. The number of cars, including non-resident and suburban traffic, reaches 400 thousand, and on peak days - up to 500 thousand.

In 2018, construction of LRT and Kazavtozhol company’s Great Ring Road project is continuing. Southern part of Small Ring Road has been completed, another 32 right-hand side ramps will be built, 200 warm stopping complexes have been installed, construction of intra-city roads and a set of measures on traffic control are ongoing.

The rapid growth of the city requires creation of a large number of jobs and transition to a sustainable economic model. In this regard, the program defines a model for building a sustainable, balanced economy based on three pillars - growth of private investment, development of mass entrepreneurship and human capital.

Taking into account world experience, 10 sectors have been identified that provide opportunities for SME growth, jobs and attraction of investments: tourism, modern production, financial sector, development, trade and logistics, services for public sector and international companies, sports, culture and creative sectors, education, health care (medical tourism).

For each of the sectors, special teams of professionals have been created, “Road maps” have been developed and started to be implemented for execution of projects, work with investors and entrepreneurs. Now there are 160 projects for amount of $ 7 billion.

This year, about 40 projects for amount of 200 billion tenge will be implemented, of which 7 are industrial projects on the territory of the FEZ, as well as construction of a number of large projects begins.

Read more on the site ►