Over 100 investment projects to be implemented in Abai region

Over 100 investment projects to be implemented in Abai region

Investment in the Abai region continues to grow, increasing by more than 19%. Governor Berik Uali reported to President Kassym-Jomart Tokayev on the region’s socio-economic development. The number of investment projects included in the overall pool has increased fourfold, from 29 to 112. Their value has doubled, reaching 4.5 trillion tenge. Among the largest projects are the construction of the Ayagoz–Bakhty railway line, a new thermal power plant in Semei, and a mining and processing plant. President Tokayev was also informed about efforts to establish a special economic zone in the regional center, where production projects worth 400 billion tenge are expected to be launched. As part of the development of the tourist area around Lake Alakol, the region will modernize infrastructure and reconstruct the airport terminal in Urjar. At the conclusion of the meeting, the Head of State gave a number of specific instructions aimed at strengthening efforts to attract investment. The President also emphasized the need to hold the Abaiga Qurmet event at a proper level.