The implementation of four projects, with an estimated cost
of $100 million, is planned at the Central Asia International Center for
Industrial Cooperation. The regional industrial zone, located on the border
between Kazakhstan and Uzbekistan, will host enterprises in food production,
light industry, and agricultural processing. According to the Ministry of Trade
and Integration, construction work is expected to be completed by the end of
next year. The total area of the center will cover 100 hectares, with half
allocated to Kazakhstan and the other half to Uzbekistan. The infrastructure of
the facility will be financed through extrabudgetary funds. Experts note that
the opening of the Center will increase bilateral trade between the two
countries.
«The competition on the Kazakh side was organized by the
Turkistan region, and based on the results, an investor was selected. He is
investing his own funds, totaling 51 billion tenge, and will finance the
construction of all the infrastructure. The land plot is currently fenced, and
excavation work has been carried out. Construction and installation work is set
to begin this spring,» said Kanat Shonbassov, deputy head of the
Entrepreneurship and Industry Department of Turkistan Region.
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