Nurly Zhol () is a US$9 billion domestic
economic stimulus
In economics, stimulus refers to attempts to use monetary policy or fiscal policy (or stabilization policy in general) to stimulate the economy. Stimulus can also refer to monetary policies such as lowering interest rates and quantitative easi ...
plan to develop and modernize roads, railways, ports, IT infrastructure, and education and civil services in the
Republic of Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekis ...
.
The Nurly Zhol plan was announced by Kazakhstan's President
Nursultan Nazarbayev
Nursultan Abishuly Nazarbayev ( kk, Нұрсұлтан Әбішұлы Назарбаев, Nūrsūltan Äbişūlı Nazarbaev, ; born 6 July 1940) is a Kazakh politician and military officer who served as the first President of Kazakhstan, in off ...
in November 2014.
Areas of infrastructure development
Nurly Zhol targets seven areas of infrastructure development:
# transportation and logistics infrastructure
# industrial infrastructure
# energy infrastructure
# public utilities infrastructure
# housing infrastructure
# social infrastructure
# small and medium-sized enterprises
Goals
Nurly Zhol is intended to turn Kazakhstan into a key
Eurasian
Eurasia (, ) is the largest continental area on Earth, comprising all of Europe and Asia. Primarily in the Northern Hemisphere, Northern and Eastern Hemispheres, it spans from the British Isles and the Iberian Peninsula in the west to the Ja ...
transport and logistics hub by modernizing roads, railways and ports, among others projects.
Over $40 billion of projects are to be implemented within the Nurly Zhol framework by 2020.
1.4 million square meters of
rental housing
A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant holds rights of real property by some form of title from a lessor or landlord. Although a tenant does hold rights to real property, a ...
is expected to be constructed in 2015-2019.
The New Economic Policy "Nurly Zhol" is expected to create over 200,000 new jobs.
Results
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 helped create 105,000 jobs and provided for a 1% GDP growth in 2016. Also, 611 km of roads were commissioned in 2016 as part of Nurly Zhol.
In his State of the Nation address, President Nazarbayev said that, due to Nurly Zhol, Kazakhstan is in the beginning of a "complex global transformation."
Approximately US$2.2 billion has been allocated under Nurly Zhol to improve highway quality. 426 km of roads were commissioned in 2018.
, access to clean public water supply was 92.6% (urban — 97.2%, rural — 86.4%). Prime Minister
Askar Mamin
Asqar Uzaqbaiuly Mamin ( kk, Асқар Ұзақбайұлы Мамин, Asqar Ūzaqbaiūly Mamin, ; born 23 October 1965) is a Kazakh politician and economist who served as the Prime Minister of Kazakhstan from 2019 to 2022, resigning due to pre ...
promised 100% access to high-quality drinking water by 2025 under the program.
Nurly Zhol 20202025
The Nurly Zhol state infrastructure development programme for 2020-2025 focuses on developing road infrastructure. The programme aims to repair 27,000 kilometres of local roads, reconstruct 10,000 kilometres and repair 11,000 kilometres of national roads. The Kazakh Government estimated that the 2020-2025 programme would cost the country US$16.91 billion. It also plans to
electrify approximately 1,033 km of railway tracks over the time period. , only about 40% of the country's 16,000 km railway tracks are electrified.
As part of Kazakhstan’s Nurly Zhol infrastructure program, the country has a goal of improving up to 95% of local roads by the year 2025. 75% of local roads were improved by 2020.
References
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Nursultan Nazarbayev
Economy of Kazakhstan