What is the economic future of Kazakhstan

Kazakhstan

Kazakhstan is still a young state that gained independence after the collapse of the Soviet Union in 1991. In the first years of independence, the economy collapsed. Thanks to its raw material income, mainly from oil and gas, the situation has improved since the turn of the millennium - until the global financial and economic crisis in 2007. Given the size of the country and the enormous distances between cities, one of the challenges is the promotion of disadvantaged regions . The state is working to reduce the economy's dependence on raw materials and to promote the development of small and medium-sized enterprises. High unemployment with a growing shortage of skilled workers is another challenge for the economy. Low water resources, air pollution and insufficient waste management pose ecological challenges for the country. The harmonization of laws is also a major concern.

GIZ is active in Kazakhstan on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ) and other German and international partners. The Kazakh government is supported in the following areas:

  • Long-term economic development and good governance
  • Education and training
  • Environment and climate

In order to develop the country's economy in the long term, the efficiency of customs and other border control authorities is being built up. This is done through the government's collaboration with the various regions of the country as well as with other countries in the region. Trade facilitation should thereby be made possible. In addition, the competitiveness of companies is to be increased and the product quality of goods and services improved.

The goals in the field of education include obtaining high-quality training for young specialists. Further training opportunities for professional specialists should also be guaranteed.

GIZ is working in Kazakhstan to implement international standards and train young scientists in the field of biosecurity - together with state and civil society organizations.

GIZ is also helping the country develop into a “green economy”. Numerous projects are actively committed to sustainable land use as well as sustainable consumption and production. A low-carbon and climate-sensitive economic development are just as much a topic as adaptation to climate change in the high mountains.

GIZ is working with the responsible state institutions to develop modern administrative law and improve the quality of the application of the law.