Tokayev announces $54bn Kazakhstan-Germany investment portfolio in Berlin

September 30, 2026 at 09:06 AM2 min

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Kazakhstan and Germany have formed a joint investment portfolio of 40 projects worth more than $54 billion, President Kassym-Jomart Tokayev said during an official visit to Berlin. Tokayev proposed a Kazakh-German investment and industrial initiative to move from individual projects to systemic industrial partnership. The announcement came as bilateral trade rose 13.4% in 2025 to $4.5 billion.

Key Facts

The joint investment portfolio includes 40 projects worth more than $54 billion, with 21 projects already implemented.
Bilateral trade between Kazakhstan and Germany reached $4.5 billion in 2025, up 13.4% from the previous year.
German agricultural machinery maker CLAAS has produced more than 2,100 units of agricultural equipment in Kazakhstan over the past five years.
Kazakhstan holds 21 of the 34 raw materials the European Union classifies as strategic.
Cumulative German investment in Kazakhstan reached $8 billion over 21 years, Tokayev said.

Investment Portfolio

Tokayev announced the portfolio during a Kazakh-German business forum attended by German President Frank-Walter Steinmeier and later discussed economic cooperation with Chancellor Friedrich Merz. The portfolio comprises 40 projects with a combined value exceeding $54 billion, of which 21 have already been completed. Tokayev proposed a Kazakh-German investment and industrial initiative to consolidate promising projects involving German technology and competitive production in Kazakhstan. Priority sectors include industry, critical minerals, energy, transport and logistics, agriculture, digital technology, mechanical engineering, and chemicals.

Trade and Agriculture

Tokayev told Merz that total trade between Kazakhstan and Germany rose 13.4% in 2025 to $4.5 billion. Agricultural trade between the two countries grew 23% in 2025, with Kazakh agricultural exports to Germany up 38%. German companies operating in Kazakhstan include CLAAS, Horsch, Amazonen-Werke, and Knauf. CLAAS alone has manufactured more than 2,100 units of agricultural machinery in Kazakhstan over the past five years.

Critical Minerals and Energy

Kazakhstan possesses 21 of the 34 raw materials the European Union designates as strategic. Tokayev proposed full-cycle projects in critical materials, from geological exploration and extraction to processing and high-value-added production. In energy, Kazakhstan proposed a joint portfolio of projects to modernize energy infrastructure and, where economically viable, localize production of German equipment. German companies were also invited to participate in developing data centers and AI-based solutions for mining, energy, and logistics.