Capital attracts investment offers worth 100 billion tenge from private investors
In Astana, Kazakhstan, the focus on attracting private investments for the development of the capital is gaining momentum. This was highlighted during a recent investment staff meeting, where several proposals for significant projects were reviewed.
These proposals include the construction of a multifunctional logistics distribution complex, a chain of household stores, a metallurgical laboratory complex, a production complex for manufacturing street lights, and a geochemical laboratory. According to the details shared, these projects are expected to create approximately 3,000 new jobs.
This investment drive forms part of Kazakhstan's larger industrial strategy, with the country currently implementing 45 large-scale projects worth approximately US$4.4 billion (over 2.3 trillion tenge). These projects are expected to generate up to 20,000 job opportunities.
The Akim of the capital, Jenis Kasymbek, shared details about the meeting and the projects under review on his Instagram page. He also emphasised the importance of close cooperation between relevant departments and investors, to ensure comprehensive support for these initiatives.
The attracting of private investments is a strategic approach for fostering stable economic growth and creating permanent jobs. In 2024, nearly 2 trillion tenge was attracted into the city's economy, marking an increase from the previous year. The total investment volume of the presented projects is around 100 billion tenge.
While specific details about the jobs created in previous years were not provided in the report, the focus on job creation is clear. The strategy is aimed at driving economic growth and providing opportunities for the local population.
Regional investment staff meetings are held on a regular basis, reflecting the ongoing commitment to attracting investments and fostering development in Astana and Kazakhstan as a whole. The information was reported by Vechernyaya Astana.
- The multiple projects under review during the investment staff meeting in Astana, such as the construction of a logistics complex, household stores, metallurgical and street light production complexes, and geochemical laboratory, are part of Kazakhstan's industrial strategy that primarily seeks to attract private investments in business and finance, aiming to create stable economic growth and provide employment opportunities.
- The presented projects in Astana, including those for a logistics complex, household stores, metallurgical laboratory, street light manufacturing, and geochemical laboratory, are anticipated to generate approximately 3,000 new jobs within the local business sector and contribute to the overall economic development of the region, aligning with Kazakhstan's focus on attracting private investments for industry and finance.
