In January–September of the current year, fixed capital investment in forestry and logging in Kazakhstan reached 8.8 billion tenge — eight times higher (physical volume index: 799.4%) than in the same period of 2024 (1.1 billion tenge) and 4.7 times higher than in January–September 2023 (1.9 billion tenge). For comparison, between 2015 and 2022, capital investment in the sector did not exceed 0.5 billion tenge. Moreover, investment in forestry and logging for the current year alone is already almost twice the record level of 2023 (4.7 billion tenge).
The sharp increase in fixed capital investment in forestry and logging in 2025 has been driven primarily by public funding — both from the national and local budgets. Of the total investment volume in January–September, more than 5.1 billion tenge, or about 60% of all investments, came from government sources, including 2.7 billion tenge from the national budget and 2.4 billion tenge from local budgets.
For comparison, during the same period in 2023, government funding accounted for 22.6% of total investment, all of which came from local budgets, while the main source of capital investment was companies’ own funds (1.5 billion tenge). In 2024, local budget funds totaled 390.9 million tenge (36.2%), data for the national budget were not provided (though it is known that 498.2 million tenge was allocated in total), and companies’ own funds were not used at all.
This structure indicates that private investor activity in the sector remains low, while the increase in investment primarily reflects the impact of budget programs and a surge in the use of public funds. It is likely that entrepreneurs — particularly large ones — should take a more active role in greening initiatives and preserving Kazakhstan’s natural balance, given the importance of this effort for the country’s future.
