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Kazakhstan launches new industrial zone in Shymkent to attract global investments

Economy Materials 14 April 2025 05:35 (UTC +04:00)
Kazakhstan launches new industrial zone in Shymkent to attract global investments
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 14. In the course of his working visit to Shymkent, President of Kazakhstan Kassym-Jomart Tokayev toured the "Tassai" industrial zone, Trend reports.

At the industrial zone, which houses 33 companies with a total investment of 44.5 billion tenge (approximately $84.5 million), Tokayev was briefed on the ongoing projects. These include nine investment initiatives that have created approximately 800 new jobs.

The president visited an exhibition showcasing products from various sectors, including light industry, machine engineering, construction, and furniture manufacturing.

He was also updated on the development of the Aksa Enerji Üretim A.Ş. combined-cycle power plant, which has an investment value of 350 billion tenge (approximately $665 million).

Furthermore, Tokayev visited the production line at Asia Trafo, a factory that produces autotransformers, power oil transformers, and reactors, which are exported to CIS countries.

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