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Investments in Kazakh region to exceed $1B

Business Materials 20 July 2019 14:28 (UTC +04:00)

Baku, Azerbaijan, July 20

By Nargiz Sadikhova – Trend:

The value of investments attracted to Aktobe region of Kazakhstan amounted to 210 billion tenge in 1H2019, said Head of the region Ondasyn Urazalin, Trend reports with reference to Kazakh media.

He further stated that the attracted sum is not the limit. “Great diligence and faster growth will allow to increase the sum of investments to the region, which will have a positive impact on the economy of the region,” he said.

“First of all, business is about an initiative, and that is why we await new proposals from investors,” he added.

“We plan to launch 25 ventures worth 90 billion tenge of investments before the end of the year. Overall, there are plans to attract 620 billion tenge this year ($1.609 billion),” concluded Urazalin.

(1 USD = 385.2 KZT on July 20)

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