Almaty ranks first in Kazakhstan in terms of private investment. The city showed a 22-percent rise over the nine months of 2022. Mayor Yerbolat Dossayev presented to the Head of State the preliminary results of the city’s socio-economic development for the reporting period. Dossayev informed him about business recovery. The number of operating SMEs has increased by 37 percent since the beginning of the year. The city mayor reported to Kassym-Jomart Tokayev on the implementation of the Almaty Development Plan until 2025 and a new urban master plan until 2040. Following the meeting, the President gave instructions on further economic diversification and modernization of the city’s infrastructure.