Kazakh government to allocate 1.7 trillion tenge for development of 10 single-industry towns until 2027

Kazakh government to allocate 1.7 trillion tenge for development of 10 single-industry towns until 2027

Kazakhstan plans to spend 1.7 trillion tenge on the development of single-industry towns. The government has approved comprehensive four-year development plans for 10 such settlements. They encompass 608 measures, including the construction and renovation of healthcare, education, and sports facilities, as well as factories and engineering infrastructure. These plans also include measures aimed at developing small and medium-sized enterprises and the agro-industrial sector, along with purchasing modern equipment. Additionally, the airport reconstruction in Balkhash is among the measures. Upon the implementation of all these efforts, a fourfold increase in tourist influx and business activity is expected there. It bears noting that Kazakh President Kassym-Jomart Tokayev instructed a review of the state policy regarding single-industry towns. The Ministry of National Economy is currently developing a corresponding roadmap, which includes a unified list of state support measures and the creation of industrial zones on the territory of all 27 single-industry towns across the country.