Kazakhstan launches 18 investment projects worth 151 billion tenge

In Kazakhstan, 18 major investment projects worth 151 billion tenge were launched in the first half of 2024. Overall, the country’s economy demonstrates robust growth. Thus, the information and communication, construction, and transportation sectors show significant increases. The manufacturing industry is also advancing, with notable progress in metallurgy and mechanical engineering. Particular attention in economic development indicators is given to reducing inflation, which has dropped to 8.4 percent compared to last year due to active support for domestic producers and the implementation of investment projects. Measures to boost business activity and upgrade the agro-industrial complex contribute to economic growth as well.