Over 300 investment projects are currently underway in
Shymkent. Last year alone, the city attracted around 770 billion tenge in
investments. Shymkent is home to 140,000 small and medium-sized enterprises
(SMEs), which account for more than half of the city’s economy. President
Kassym-Jomart Tokayev discussed the development of the metropolis during a
meeting with residents. He noted that Shymkent’s strategic importance is
growing due to its geographic location, as the Western Europe–Western China
transport corridor passes through the city. The Head of State emphasized that
Kazakhstan, as a responsible member of the international community, remains
firmly committed to the principles of open trade and the free movement of goods
and services.
«We must rationally utilize our strategic advantage,
predetermined by fate. This is why Kazakhstan is actively involved in the
implementation of key international transport and logistics projects. Our goal
is clear. We will continue to strengthen comprehensive and mutually beneficial
cooperation with neighboring countries, united by fate. The interests of the
people come first. Guided by them, we are pursuing a balanced and stable
foreign policy,» Tokayev noted.
Kassym-Jomart Tokayev comments on global market situation
The Head of State commented on the instability in
international markets, which has been caused by plans to launch a global trade
war. According to President Tokayev, experts are already warning that the
introduction of reciprocal tariffs could lead to a serious downturn in the
global economy. In this regard, the President emphasized that the situation is
being thoroughly analyzed and all risks are being taken into account, as it is essential
to protect the country’s economy from various challenges.
«The government must proactively address all key issues and
act efficiently and decisively. Kazakhstan has significant potential. GDP
growth from January to March reached 5.8%, a strong indicator, especially in
such challenging times. Notably, the national economy is primarily driven by
sectors such as transport, construction, industry, and trade. This is a
significant achievement. In the event of a worsening global crisis, we can rely
on resources from the National Fund as well as gold and foreign exchange reserves.
I am confident that, in the current environment, domestic entrepreneurs will
demonstrate remarkable initiative and responsibility,» Tokayev said.
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