A total of 22 investment projects worth more
than $1 billion were launched this year in Kazakhstan. These include a tungsten
ore processing facility in the Almaty region, as well as the production of
original anticancer drugs in Almaty. Agreements for seven new projects worth
$2.5 billion have also been signed. Among them are the construction of a
one-gigawatt wind power station in the Zhambyl region, a greenhouse complex in
Shymkent, and dairy production facilities in the Almaty region. Yerzhan
Yelekeyev, the Chairman of the Kazakh Invest national company, reported on the
ongoing work and plans for further attracting investments to the country’s
economy. He noted that a new targeted approach has been introduced to attract investments
into four promising sectors: deep processing of grain, coal chemistry, petrochemistry,
and the production of oil and gas equipment. Over the next three years, it is
planned to attract $10 billion for the implementation of major projects in
collaboration with several companies.
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