375 billion tenge of investments set to be attracted to Zhetisu region by year-end

375 billion tenge of investments set to be attracted to Zhetisu region by year-end

137 billion tenge of investments were attracted to the Zhetisu region in the first half of 2024, with plans to direct 375 billion tenge of capital investments by year-end. During his working visit, Kazakh Prime Minister Olzhas Bektenov reviewed the socio-economic development of the region over the past six months. Trade volume increased by 23 percent, construction work by almost 34 percent, and communications by 7.5 percent. The region's potential is primarily represented by the agro-industrial complex, manufacturing industry, and logistics. Bektenov emphasized that funding for various sectors in the region has increased this year. Namely, 23 billion tenge has been allocated to the agricultural sector to subsidize loans for small and medium-sized businesses. The relevant ministry and local administration have been instructed to focus on the development of agriculture and the processing sector. Also, 58 investment projects are planned for implementation this year. Notably, over 500 industrial enterprises are now operating in the region.