Emerging
May 26, 20261
Russia's investments in Kazakhstan reached $29.4 billion by end of 2025, Kremlin aide says

Kremlin aide Yury Ushakov said Russian investments in Kazakhstan's economy exceeded $29.4 billion by the end of 2025. He said more than 23,500 enterprises with Russian participation operate in Kazakhstan, alongside more than 70 major investment projects in several sectors.
Quick Facts
- said Russian investments in Kazakhstan exceeded $29.4 billion by the end of 2025
- said more than 23,500 enterprises with Russian participation are operating in Kazakhstan
- said more than 70 major investment projects are being implemented in Kazakhstan
- Yury Ushakov
- Kremlin
Russian investments in Kazakhstan's economy totaled more than $29.4 billion by the end of 2025, according to Kremlin aide Yury Ushakov. He made the remarks at a briefing in Moscow on May 26.
Ushakov said the countries' economic ties remain extensive, citing more than 23,500 enterprises with Russian participation operating in Kazakhstan. He also said more than 70 major investment projects are underway across sectors including mechanical engineering, automotive manufacturing, energy, agriculture, petrochemicals and space exploration.
The comments were presented as part of a broader picture of Russian business involvement in Kazakhstan. The figures and project count were given as evidence of the scale of bilateral economic cooperation.
The statement did not provide additional details on the timing, financing or individual companies behind the projects.
Why This Matters
The scale of Russian capital and enterprise presence in Kazakhstan signals deep economic interdependence that can affect trade, industrial output, energy cooperation, and regional supply chains. For businesses and policymakers, the figures suggest continued opportunities in sectors such as engineering, automotive, energy, agriculture, petrochemicals and space, while also highlighting exposure to geopolitical shifts that could affect financing, sanctions compliance, and project execution.
Timeline & Sources
May 26, 2026
WireTASS reported Kremlin aide Yury Ushakov's briefing remarks on Russian investment in Kazakhstan.