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Kazakhstan set to receive major investments from Qatar

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Photo by: Ulysmedia

At the Astana International Forum 2025, Power International Holding (PIH), a diversified Qatari conglomerate operating in more than 19 countries, announced its plans to significantly scale up its presence in Kazakhstan through long-term investments in energy, infrastructure, and digital development, DKnews.kz reports.

Speaking at a session titled “Enhancing Energy Connectivity for a Resilient and Sustainable Kazakhstan Energy System”, PIH’s Country Managing Director for Kazakhstan, Mr. Amer Mahasen, reaffirmed the company’s commitment to supporting Kazakhstan’s sustainable development. According to Mahasen, PIH’s entry into Kazakhstan is far more than just a geographical expansion — it’s a vote of confidence in the country’s potential and a clear signal of intent to build meaningful, long-term partnerships.

“Our investment approach is centered on creating lasting value — not only by supporting clean energy and smart infrastructure, but also by investing in people, skills, and a more sustainable future,” said Mr. Mahasen. “Kazakhstan has everything it takes to become a regional hub for innovation and growth, and we are proud to support that journey.”

Flagship Projects in Energy

At the core of PIH’s strategy is a portfolio of major energy infrastructure projects that will strengthen Kazakhstan’s power grid and regional energy connectivity.

In partnership with Samruk-Energy, PIH will develop a 1,100 MW Combined Cycle Gas Turbine (CCGT) power plant in the Kyzylorda region — a project that is expected to significantly improve the country’s energy efficiency and supply reliability.

Additionally, the company is working closely with QazaqGaz and the Ministry of Energy of Kazakhstan on several gas-related initiatives, including:

  • Construction of two gas processing plants with annual capacities of 1 and 2.5 billion cubic meters;
  • Development of a new compressor station (CS-14) and the Aktobe–Kostanai main gas pipeline;
  • Expansion of the Beineu–Bozoi–Shymkent pipeline to boost gas delivery across the country’s southern, central, and northern regions.

Expanding Beyond Energy

PIH’s vision for Kazakhstan extends well beyond the energy sector. The company has recently acquired mobile operators Altel and Tele2 Kazakhstan, with a plan to modernize the national digital infrastructure and ensure equitable access to high-speed internet. This move reflects PIH’s broader commitment to supporting Kazakhstan’s digital transformation and inclusive connectivity.

Looking ahead, the conglomerate is also exploring investments in mining, agriculture, and healthcare — sectors it sees as strategically aligned with Kazakhstan’s national development goals.

“We are here for the long term,” Mahasen emphasized. “Our aim is to collaborate openly with local partners and contribute meaningfully to Kazakhstan’s prosperity and global competitiveness.”

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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