2026-4-1 16:58 |
Kazakhstan is balancing potential gains from higher oil prices with risks linked to weaker global risk appetite and rising inflationary pressures amid heightened tensions in the Middle East, ING said.
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The country has maintained a steady upward trajectory in expanding its green energy infrastructure over the last decade, more than doubling its capacity since 2016.
Kazakhstan’s Minister of Trade and Integration Arman Shakkaliyev said that cooperation with XUAR is a key element of Kazakhstan’s strategy to strengthen its role as a transit and logistics hub between China, Central Asia, and Europe.
The tenge strengthened by 3.9% in March, reaching 478.15 tenge per US dollar.
Last year, the machinery sector in Kazakhstan produced 5.7 trillion tenge ($12 billion) worth of goods.
The volume of freight transportation between Kazakhstan and Russia reached 15.2 million tonnes in the first two months of 2026.
Output in the sector has demonstrated steady growth, increasing from 358,000 tons in 2023 to 619,000 tons in 2025.
Kazakhstan and China intend to build a metallurgical plant with a capacity of up to 3 million tons of steel per year