BAKU, Azerbaijan, February 16. Some 107 investment projects will be implemented in the Merkensk district of Kazakhstan’s Zhambyl region before the end of 2025, Zhorabek Baubekov, the head of Merkensk district municipality, said, Trend reports, citing Kazakh media.
The total cost of the projects is expected to reach 22 billion Kazakh tenge ($49.18 million). Additionally, the implementation of the projects will create 1,160 job opportunities.
The projects will be implemented in various sectors, including green energy, agriculture, and water-saving technologies among others. By the end of this year alone, 7 agriculture projects worth 271 million Kazakh tenge ($605,817) are expected to be completed.
According to the estimates of the district municipality, successful implementation of the projects will boost the agriculture output by 10 percent.
Currently, agriculture projects are one of the key areas of concern for the Kazakh government, due to the growing food prices. As a consequence, the government looks to implement numerous projects around the country to support the domestic supply of agricultural goods.
Recently, Kazakhstan discussed the draft Concept for the development of the agro-industrial complex until 2030. The Concept was developed with the participation of government representatives, experts, and business leaders. The document is expected to serve as a strategy for combating global challenges and potentially harmful global trends, which may harm the Kazakh agriculture sector.