OMM Newsroom
Kazakhstan has a historic opportunity to become a leading logistics hub in Eurasia as vulnerabilities in maritime routes increase the strategic importance of land corridors, President Kassym-Jomart Tokayev said Wednesday, according to Anadolu Agency.
In a special address to the nation broadcast live, Tokayev said about 85% of freight transported from China to Europe passes through Kazakhstan.
“Global logistics has entered a period of large-scale transformation and accelerated development,” he said, calling for the development of domestic logistics operators, cargo distribution centres and manufacturing facilities around transport hubs.
Tokayev said the international situation was becoming increasingly unpredictable, citing declining trust among major powers and weakening international institutions. He said Kazakhstan must continue domestic reforms and strengthen its sovereignty.
Construction of Kazakhstan’s first nuclear power plant, Balhash, could begin in 2027, Tokayev said. An agreement on cooperation to accelerate a second plant, Moyynkum, could also be signed that year.
He proposed establishing a strategic uranium reserve to ensure long-term fuel supplies for the country’s planned nuclear plants. Tokayev also urged foreign partners to support technology transfer and the development of high-tech industries.
On economic policy, Tokayev called for studying higher tax rates for wealthy individuals, improving tax collection through artificial intelligence and amending the 2025 tax code where necessary to make business rules more predictable.
He instructed the government to prepare a new Civil Code, which parliament could adopt by the end of 2027, to reflect modern technologies and economic developments.
