Around 5 trillion tenge to be attracted to Kazakhstan’s chemical industry by 2035

Around 5 trillion tenge to be attracted to Kazakhstan’s chemical industry by 2035

Around five trillion tenge in investments are set to be attracted to Kazakhstan’s chemical industry by 2035. According to the Ministry of Industry and Construction, the sector is demonstrating stable growth thanks to government support measures, investment activity, and new projects. In the first quarter alone, production volume reached 406 billion tenge, driven by increased output of polypropylene and uranium compounds. Currently, the chemical industry accounts for over 4.5% of the manufacturing sector and positively impacts the development of agriculture, metallurgy, and construction materials production.