Nur-Sultan, Akmola Region, Kazakhstan

Economy

๐Ÿ‡ฐ๐Ÿ‡ฟ Nur-Sultan is the capital city of Kazakhstan. Known between 1998 and 2019 as Astana and before that Akmola.

The city lies on the banks of the Ishim River in the north-central part of Kazakhstan, within the Akmola Region, though administered as a city with special status separately from the rest of the region. It is the second-largest city in the country, after Almaty, which had been the capital until 1997. The city became the capital of Kazakhstan in 1997; since then it has grown and developed economically into one of the most modern cities in Central Asia. In 2021, the government selected Nur-Sultan as one of the 10 priority destinations for tourist development.

Modern Nur-Sultan is a planned city, following the process of other planned capitals. After it became the capital of Kazakhstan, the city dramatically changed its shape. The city's master-plan was designed by Japanese architect Kisho Kurokawa. As the seat of the government of Kazakhstan, Nur-Sultan is the site of the Parliament House, the Supreme Court, the Ak Orda Presidential Palace and numerous government departments and agencies. It is home to a range of futuristic buildings, including many skyscrapers.

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Economy Nur-Sultan's economy is based on trade, industrial production, transport, communication and construction. The city's industrial production is mainly focused on producing building materials, foodstuff and mechanical engineering.

The Astana International Financial Center (AIFC) opened in July 2018 to become a hub for financial services in Central Asia.

Nur-Sultan is the headquarters of state-owned corporations such as Samruk-Kazyna, Kazakhstan Temir Zholy, KazMunayGas, KazTransOil, Kazatomprom, KEGOC, Kazpost and Kazakhtelecom.

The shift of the capital has given it a powerful boost to Nur-Sultan's economic development. The city's high economic growth rate has attracted numerous investors. In the 16 years since Nur-Sultan became the capital, the volume of investments has increased by almost 30 times, the gross regional product has increased by 90 times, and industrial output has increased by 11 times. The city's Gross Regional Product makes up about 8.5 per cent of the republic's Gross domestic product.

The Nur-Sultan โ€“ New City special economic zone was established in 2001 to help develop industry and increase the attractiveness of the city to investors. The SEZ plans to commission five projects worth 20 billion KZT (around $108 million) in the Industrial Park No. 1 in 2015. The projects include construction of a plant for production of diesel engines, a fast food complex, temporary storage warehouses and a business centre, a furniture factory, and production of military and civil engineering machinery. The new Nur-Sultan/Astana International Financial Centre opened in July 2018.

Nur-Sultan's administration is promoting the development of small and medium-sized businesses through the cooperation of the Sovereign Welfare Fund Samruk-Kazyna and National Economic Chamber. Support is provided by a special programme of crediting. As a result, the number of small and medium-sized businesses increased by 13.7% to over 96,000 compared to the previous year as of 1 July 2015. In addition, the number of people employed in small and medium-sized business increased by 17.8% to over 234,000 people as of 1 April 2015.

Nur-Sultan was included in the list of top 21 intelligent communities of the world, according to the report released by the Intelligent Community Forum in October 2016. The rating list includes the cities, regions and communities which use digital instruments for the construction of local economy and society. In 2018, Nur-Sultan attracted more than three trillion tenge (US$7.91 billion) in foreign direct investment, a record amount for the city. The growth was achieved due to a large number of construction projects. Tourism becomes one of the factors that drive economic growth in the city. Nur-Sultan is among the top ten most attractive tourist cities in the Commonwealth of Independent States (CIS).

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Asia/Almaty/Nur-Sultan 
<b>Asia/Almaty/Nur-Sultan</b>
Image: Adobe Stock Sasint #315841677

Nur-Sultan is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.

Nur-Sultan is the #75 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria โ€“ Human Capital, Business, Finance, Infrastructure and Reputation.

Nur-Sultan was ranked #768 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Nur-Sultan has a population of over 1,136,008 people. Nur-Sultan also forms the centre of the wider Kazakhstan Republic which has a population of over 19,082,467 people. Nur-Sultan is ranked #357 for startups with a score of 0.676.

To set up a UBI Lab for Nur-Sultan see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Nur-Sultan has links with:

๐Ÿ‡ฏ๐Ÿ‡ด Amman, Jordan ๐Ÿ‡น๐Ÿ‡ท Ankara, Turkey ๐Ÿ‡น๐Ÿ‡ฒ Ashgabat, Turkmenistan ๐Ÿ‡ฆ๐Ÿ‡ฟ Baku, Azerbaijan ๐Ÿ‡น๐Ÿ‡ญ Bangkok, Thailand ๐Ÿ‡จ๐Ÿ‡ณ Beijing, China ๐Ÿ‡ท๐Ÿ‡ธ Belgrade, Serbia ๐Ÿ‡ฉ๐Ÿ‡ช Berlin, Germany ๐Ÿ‡ฐ๐Ÿ‡ฌ Bishkek, Kyrgyzstan ๐Ÿ‡ท๐Ÿ‡ด Bucharest, Romania ๐Ÿ‡ญ๐Ÿ‡บ Budapest, Hungary ๐Ÿ‡ช๐Ÿ‡ฌ Cairo, Egypt ๐Ÿ‡ท๐Ÿ‡บ Chelyabinsk, Russia ๐Ÿ‡จ๐Ÿ‡ณ Cheongwen, China ๐Ÿ‡ฒ๐Ÿ‡ฉ Chiศ™inฤƒu, Moldova ๐Ÿ‡ธ๐Ÿ‡พ Damascus, Syria ๐Ÿ‡ถ๐Ÿ‡ฆ Doha, Qatar ๐Ÿ‡ต๐Ÿ‡ฑ Gdaล„sk, Poland ๐Ÿ‡ป๐Ÿ‡ณ Hanoi, Vietnam ๐Ÿ‡ต๐Ÿ‡ฐ Islamabad, Pakistan ๐Ÿ‡ท๐Ÿ‡บ Kazan, Russia ๐Ÿ‡ท๐Ÿ‡บ Kurgan, Russia ๐Ÿ‡ท๐Ÿ‡บ Kursk, Russia ๐Ÿ‡บ๐Ÿ‡ฆ Kyiv, Ukraine ๐Ÿ‡ฎ๐Ÿ‡น Milan, Italy ๐Ÿ‡ง๐Ÿ‡พ Minsk, Belarus ๐Ÿ‡ท๐Ÿ‡บ Moscow, Russia ๐Ÿ‡ซ๐Ÿ‡ท Nice, France ๐Ÿ‡ท๐Ÿ‡บ Omsk, Russia ๐Ÿ‡ซ๐Ÿ‡ฎ Oulu, Finland ๐Ÿ‡ฒ๐Ÿ‡พ Putrajaya, Malaysia ๐Ÿ‡ฑ๐Ÿ‡ป Riga, Latvia ๐Ÿ‡ท๐Ÿ‡บ Saint Petersburg, Russia ๐Ÿ‡ฐ๐Ÿ‡ท Seoul, South Korea ๐Ÿ‡จ๐Ÿ‡ณ Shunyi, China ๐Ÿ‡บ๐Ÿ‡ฟ Tashkent, Uzbekistan ๐Ÿ‡ฌ๐Ÿ‡ช Tbilisi, Georgia ๐Ÿ‡ท๐Ÿ‡บ Ufa, Russia ๐Ÿ‡ฒ๐Ÿ‡ณ Ulaanbaatar, Mongolia ๐Ÿ‡น๐Ÿ‡ท UลŸak, Turkey ๐Ÿ‡ฑ๐Ÿ‡น Vilnius, Lithuania ๐Ÿ‡ต๐Ÿ‡ฑ Warsaw, Poland ๐Ÿ‡ญ๐Ÿ‡ท Zagreb, Croatia
Text Atribution: Wikipedia Text under CC-BY-SA license | GFCI | GaWC | Nomad | StartupBlink

Antipodal to Nur-Sultan is: -108.576,-51.177

Locations Near: Nur-Sultan 71.424,51.1773

๐Ÿ‡ฐ๐Ÿ‡ฟ Astana 71.433,51.178 d: 0.6  

๐Ÿ‡ฐ๐Ÿ‡ฟ Temirtau 72.95,50.05 d: 165.2  

๐Ÿ‡ฐ๐Ÿ‡ฟ Karagandy 73.094,49.817 d: 191.9  

๐Ÿ‡ฐ๐Ÿ‡ฟ Karaganda 73.116,49.838 d: 191  

๐Ÿ‡ฐ๐Ÿ‡ฟ Kokshetau 69.383,53.283 d: 272.3  

๐Ÿ‡ฐ๐Ÿ‡ฟ Ekibastuz 75.367,51.667 d: 278.7  

๐Ÿ‡ท๐Ÿ‡บ Omsk 73.374,54.99 d: 443.4  

๐Ÿ‡ฐ๐Ÿ‡ฟ Petropavl 69.137,54.873 d: 438.4  

๐Ÿ‡ท๐Ÿ‡บ Ishim 69.5,56.117 d: 563.6  

๐Ÿ‡ฐ๐Ÿ‡ฟ Pavlodar 76.95,52.3 d: 400.3  

Antipodal to: Nur-Sultan -108.576,-51.177

๐Ÿ‡จ๐Ÿ‡ฑ Coyhaique -72.067,-45.567 d: 17277.3  

๐Ÿ‡จ๐Ÿ‡ฑ Port Montt -72.933,-41.467 d: 17107.7  

๐Ÿ‡จ๐Ÿ‡ฑ Puerto Montt -72.933,-41.467 d: 17107.7  

๐Ÿ‡จ๐Ÿ‡ฑ Osorno -73.133,-40.567 d: 17064.4  

๐Ÿ‡จ๐Ÿ‡ฑ Valdivia -73.233,-39.8 d: 17021  

๐Ÿ‡จ๐Ÿ‡ฑ Punta Arenas -70.91,-53.162 d: 17466.7  

๐Ÿ‡จ๐Ÿ‡ฑ Temuco -72.667,-38.733 d: 16910  

๐Ÿ‡จ๐Ÿ‡ฑ Coronel -73.217,-37.017 d: 16825.6  

๐Ÿ‡จ๐Ÿ‡ฑ San Pedro de la Paz -73.1,-36.833 d: 16804.3  

๐Ÿ‡จ๐Ÿ‡ฑ Talcahuano -73.117,-36.717 d: 16796.9  

Bing Map

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