Kazakhstan Turns Seized Oligarch Funds into Public Projects Worth 318 Billion Tenge
Photo: Orda.kz / Olga Ibrayeva
The government of Kazakhstan has released a full list of projects that will be funded by assets seized from oligarchs, totaling 318 billion tenge, Orda.kz reports.
“In total, 406 projects have been approved for funding. Of these, 333 are already underway, including nine education facilities, three sports complexes, 162 healthcare projects, and 159 water supply initiatives,” the government stated.
Medical centers are being built as part of the "Modernization of Rural Healthcare" program, aiming to bring medical services to residents of remote villages. The construction of water infrastructure using recovered funds supports a national goal: to provide all cities and rural areas with clean drinking water by the end of 2025.
In Astana, funds are being used to build a new 3,600-seat stadium named after Munaitpasov. In Almaty, nine water supply projects are being implemented. In Shymkent, a dormitory is under construction for students of the Sairam auxiliary boarding school.
The regions leading in the number of projects funded with returned assets include Qaraganda (62), North Kazakhstan (49), Aqmola (40), Turkistan (36), Almaty (29), and West Kazakhstan and Qostanay (25 each). Most involve upgrading water systems and building medical facilities in rural areas.
Earlier, it was reported that the first healthcare facility funded with recovered assets — a medical clinic in the village of Arnasay — had officially opened.
Original Author: Nikita Drobny
Latest news
- Kazakhstan’s Labor Market Will Need More Than A Million Workers
- Belarusian Citizen Extradited From Kazakhstan After Alleging Abuse In Detention
- Illegal Database With Millions Of Kazakhstanis’ Data Found In Zhetysu Region
- Astana LRT Could Get A New Name
- Tokayev Sets Rules For Kazakhstan’s New Political System
- Kazakhstan Looks To Hong Kong To Open New Farm Export Routes
- Kazakhstan Simplifies Social Payment Rules
- Record Gold Reserves And Slower Inflation: What The National Bank Reported To Tokayev
- Gazprom To Increase Gas Supplies To Kazakhstan In 2026
- Gasoline Worth 37 Billion Tenge: Kazakhstan Uncovers Fuel Export Scheme To Kyrgyzstan
- Kazakhstan To Change Rules For Using State Symbols
- Cyprus Visit To Kazakhstan Sparks Dispute In Greek And Turkish Media
- Business Subsidies To Be Reviewed Once Every Three Years
- Former Kyrgyz Prime Minister’s Son Reportedly Detained In Almaty
- Nearly Three Billion Tenge Set Aside For Almaty Metro Extension
- Kyrgyzstan Enters UN Security Council For The First Time
- Kazakhstan Plans Radioactive Waste Center, But Still Has No Site
- Where Kazakhstan’s Toll Roads See The Most Traffic
- Teenager Hospitalized In Shymkent After Scorpion Bite
- Tax Authorities Start Warning Kazakhstanis About Mobile Transfers
