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Numerous business projects to get support in Kazakhstan's Karaganda region

Business Materials 7 July 2020 18:20
Numerous business projects to get support in Kazakhstan's Karaganda region

BAKU, Azerbaijan, July 7

By Nargiz Sadikhova - Trend:

A total of 2,500 projects with a subsequent creation of 8,000 jobs are planned for implementation in Kazakhstan’s Karaganda region in 2020, Trend reports with reference to the press office of the regional akimat (administrative center).

The report said that currently, COVID-related economy support programs are also underway in the region. Implementation of 830 business projects worth 31.4 billion tenge of investments ($77.3 million) has been already aided in the region. Overall, support is planned to be provided to 2,500 projects.

“Within the framework of anti-crisis measures to stabilize business processes, over 30,000 entities in Karaganda region received deferrals on taxes, bank loans at the second level, rent and utility payments,” the report said.

In addition, 16,000 jobs are expected to be created this year within the framework of the country’s Employment Roadmap.

“Allocation of 63.7 billion tenge ($157.01 million) is overseen within the roadmap. To date, 620 agreements have been signed with entrepreneurs in Karaganda region and 10,500 jobs are to be opened,” the report said.

The first two cases of coronavirus infection were detected in Kazakhstan among those who arrived in Almaty city from Germany on March 13, 2020.

The total number of coronavirus cases confirmed in Kazakhstan since the virus was first confirmed in the country amounted to 49,683 cases. This includes 16,298 people who recovered from the coronavirus, and 264 patients who passed away.

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