Nurly Zhol

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.[1] The Nurly Zhol plan was announced by Kazakhstan's President Nursultan Nazarbayev in November 2014.[2]

Nurly Zhol targets seven areas of infrastructure development:[3]

  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.[4] The implementation of the New Economic Policy "Nurly Zhol" is expected to create over 200,000 new jobs.[5]

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.[6]

References

  1. ↑ "Kazakhstan runs economic risks with its hyperactivity". Financial Times.
  2. ↑ "State of the Nation Address". Ak Orda.
  3. ↑ "Nurly Zhol: the $9 billion path to the future" (PDF). Newsdesk Media.
  4. ↑ "State program of the infrastructure development "Nurly Zhol" for 2015 - 2019". baiterek.gov.kz. Baiterek Holdings.
  5. ↑ "NURLY ZHOL, BRIGHT PATH TO THE FUTURE". www.thebusinessyear.com.
  6. ↑ "Karaganda region builds four new education facilities under Nurly Zhol program". inform.kz.
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