Deputy Prime Minister – Minister of National Economy Serik Zhumangarin held a meeting regarding the investment development of the Kyzylorda region, as reported by primeminister.kz.
Last year, as part of a five-year program for the implementation of 86 investment projects totaling 1.9 trillion tenge, 21 projects were executed in the region with an investment of 37 billion tenge, resulting in the creation of 411 new jobs. These include: six projects for the production of building materials, 10 in the agro-industrial sector, one in transport logistics, and the rest in trade and education. Among the major projects is the new terminal at "Korkyt Ata" airport. By 2025, Kyzylorda region plans to commission 24 projects worth 275.3 billion tenge, creating approximately 1,000 jobs and producing goods worth 30.8 billion tenge. Major projects include a brick factory with a capacity of 90 million pieces per year, production of dry powder from camel milk with an annual capacity of 392 tons, the first phase of a project for the repair, maintenance, and construction of passenger cars, and a new thermal power plant with a capacity of 240 MW.
“We plan to construct four solar and one wind power plants with a total capacity of 141 MW. The region's daily electricity demand is 200 MW, and there are currently nine solar power plants operating in the region with a total capacity of 89 MW. Once five projects are launched, our region will fully transition to green energy,” noted the deputy akim of the region, Ardak Zebeshev.
The Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan presented the participants of the meeting with the opportunities of the National Digital Investment Platform – a one-stop shop for interaction between investors, government agencies, and the quasi-public sector. Currently, the platform includes 836 projects, of which 246 are planned for implementation in 2025.
During the meeting, problematic issues regarding the implementation of two major investment projects in the region were discussed. These are the enhancement of the polymetallic ore deposit "Shalkiya" and the construction of a plant for producing calcined soda.
JSC "Araltuz," which produces food and technical salt and polypropylene bags, is currently implementing a project to build the first calcined soda plant in Kazakhstan. This raw material is essential for the production of glass bottles and is currently almost entirely imported into Kazakhstan. The project requires significant investment, and there are questions regarding the extension of loan terms and conditions. The Minister instructed the relevant financial institutions to explore all possibilities to support the project.
“Government agencies should provide maximum assistance to businesses in eliminating barriers that hinder the implementation of investment projects. The target of 246 projects by 2025 is a good indicator, and to achieve it, all barriers must be removed, and timely financing ensured. To this end, the Investment Committee, together with the Ministry of Industry and the akimats, should conduct a classification of projects based on the principle of priority sectors and high added value within a short time. Based on the results, support should be provided for their implementation,” concluded Serik Zhumangarin at the meeting.
