Puneet Varma (Editor)

Nurly Zhol

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Nurly Zhol is a $9 billion domestic economic stimulus plan to develop and modernize roads, railways, ports, IT infrastructure, and education and civil services in the Republic of Kazakhstan. The Nurly Zhol plan was announced by Kazakhstan's President Nursultan Nazarbayev in November 2014.

Nurly Zhol targets seven areas of infrastructure development:

  1. transportation and logistics infrastructure
  2. industrial infrastructure
  3. energy infrastructure
  4. public utilities infrastructure
  5. housing infrastructure
  6. social infrastructure
  7. small and medium-sized enterprises

1.4 million square meters of rental housing is expected to be constructed in 2015-2019. The implementation of the New Economic Policy "Nurly Zhol" is expected to create over 200,000 new jobs.

Development of education infrastructure is an important component of Nurly Zhol. For example, within the Nurly Zhol program Karaganda region built four new education facilities.

Implementation of the Nurly Zhol program allowed to create 105,000 jobs and provided for a 1% GPD growth in 2016. Also, 611 km of roads were commissioned in 2016 as part of Nurly Zhol.

References

Nurly Zhol Wikipedia