Key sectors of economy set to be developed in Mangystau region

Key sectors of economy set to be developed in Mangystau region

The Mangystau region plans to develop an aviation hub. The country’s government is working on the issues related to direct aviation fuel supplies to the region and increasing subsidized domestic flights on new routes, with the involvement of foreign airlines. At the same time, the Cabinet of Ministers is discussing the importance of developing railway infrastructure and attracting investors to expand the Seaport Aktau special economic zone. Since the start of the year, 14 projects have been launched, and another 19 in the manufacturing industry, totaling 1.5 trillion tenge, are at the development stage. The region is actively expanding its transit and transport capabilities. In the first 10 months of 2024, the volume of transportation along the Trans-Caspian International Transport Route grew by 70 percent, and container shipments increased almost threefold. 2.3 million tonnes of cargo were transported by rail and 6.3 million tonnes by sea. Overall, the region is focusing on both infrastructure development and several other sectors of the economy. This includes, in particular, the reconstruction of highways, the construction of a container hub at the Aktau port, providing various services, improving their quality, and developing the energy and tourism sectors.