Turkistan region attracts almost 900bln tenge of investments since Jan 2024
Turkistan region has attracted 888.5 billion tenge of investments since the year beginning, which is 17.7% more compared to the same period in 2023. Governor of the region Darkhan Satybaldy said it at a briefing in the Central Communications Service office, Kazinform News Agency reports.
According to the governor, the volume of direct foreign investments has reached 685 million US dollars, which is 1.5 times more than set by the plan.
"We have had important negotiations with the major international companies and organized visits of local entrepreneurs to China, Russia, Australia, Qatar and South, for the purpose of investment attraction and exchange of experience. As a result, we have started implementing six investment projects involving foreign capital, to the total amount of 910 million US dollars. On top of that, representatives of 127 foreign companies were invited to Turkistan region in October, during which 35 memorandums were signed and 301 billion tenge of investments were signed," the governor said.
Under the agreements signed with foreign investors, the region has started opening the enterprises specializing in the production of drones, video cameras, medical furniture, and household appliances.
The region also builds an industrial greenhouse complex, and plants for manufacturing aluminum products, industrial refrigerators, caustic soda, polyvinyl chloride, calcium carbide, and lime cement.
An enterprise for processing phosphate ores and an oil refinery are being built.
The enterprises plan to supply their products both to the domestic and external markets.
Darkhan Satybaldy also reported that the factories producing household appliances, vegetable oil, gas installations, elevators, military tents, sanitary ware, sandwich panels, and beverages will open soon in the industrial zones of the region.
The region has compiled a pool of 145 investment projects in the energy, agro-industrial complex, manufacturing, processing, and tourism sectors. Their implementation will let create more than 20 thousand jobs, with budget revenues expected to increase by 100 billion tenge.
Of these, 31 investment projects worth 86 billion tenge have been launched to date, and more than 1,300 people have been employed.
