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Leading Kazakhstan region by investments attraction named

Business Materials 29 August 2019 16:07 (UTC +04:00)

Baku, Azerbaijan, August 29

By Nargiz Sadikhova – Trend:

The value of investments into the fixed capital of Kazakhstan’s Kyzylorda region amounted to 180 billion tenge during 1H2019, which is double the value of investments during the same period of last year, Trend reports with reference to the press office of Kyzylorda city.

As stated by the press office, the region is leading by the value of investments among other regions of Kazakhstan.

The volume of goods manufactured for export amounted to 218,700 tons worth six billion tenge during reporting period, which is 37 percent more compared to the same period of 2019.

Furthermore, the ventures of manufacturing industry of the region produced 70.5 billion tenge worth of goods during 1H2019.

“Within the framework of ‘Economy of Simple Things’ program, the work on 75 projects worth 8.2 billion tenge is underway. Ten of the projects worth 1.5 billion tenge have been approved by second tier banks and 23 projects worth 3.7 billion tenge are being reviewed,” the report said. .

“Six industrial zones are operating in the region on the territory of 909.9 ha. Some 46 projects worth 193.27 billion tenge are being implemented on territory of these zones. Twenty projects worth 65.3 billion tenge have already been implemented creating 400 new work places,” the statement said.

(1 USD = 387.55 KTZ on August 29)

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