327 billion tenge of investments to be aimed at energy sector in 2024

327 billion tenge of investments to be aimed at energy sector in 2024

During a government meeting, Kazakh Prime Minister Olzhas Bektenov instructed to work in an intensified mode throughout the entire summer period as part of preparations for the upcoming heating season. He noted the importance of timely fuel supply to all heat sources, with the responsibility assigned to two agencies, the Ministry of Industry and Construction and the Ministry of Energy. Attracting investments to the sector is equally important. Thus, it is planned to attract 327 billion tenge of investments for repair and modernization of power plants. On the instructions of President Tokayev, it is essential to complete the work on modernization of 19 heat sources in the country. Addressing the issue of personnel in the industry is also important, according to Bektenov.

“The Ministries of Labor, Science, and Education should conduct a comprehensive analysis of the current labor market situation in this field and increase the number of grants for necessary specialties. Educational institutions should train highly qualified engineers, energy specialists, hydraulic engineers, energy auditors, electricians, and other professionals. It is also crucial to ensure the transfer of knowledge and skills from seasoned experts to the younger generation,” Bektenov said.

Kazakhstan’s sowing area to be 23.8 million hectares in 2024

Spring field works are under the control of the government as well. A total of 140 billion tenge has been allocated for these purposes this year. According to the country’s Ministry of Agriculture, a mass sowing campaign will begin in the second decade of May this year. The sowing area is expected to be nearly 24 million hectares.

“Compared to last year, wheat sowing areas will decrease by 426,000 hectares to 13.3 million hectares. There are plans to expand the areas allocated for oilseed crops by 373,000 hectares and for fodder crops by 66,000 hectares. Efforts are also underway to reduce water-intensive crops, with projected decreases in cotton areas by 16,000 hectares and rice areas by 12,000 hectares. To date, 1.5 million hectares have already been sown in some regions of Kazakhstan,” said Aidarbek Saparov, Kazakh Minister of Agriculture.