ASTANA, Kazakhstan, October 25. The volume of investments in fixed capital in the Aktobe region of Kazakhstan increased by 7.8 percent and amounted to 683 billion tenge (about $1.43 billion) from January through September 2023, said the acting head of the department of industrial and innovative development Nurtugan Oralbayev at a meeting of the regional investment headquarters, Trend reports.
As Oralbayev noted, a pool of investment projects worth 7.1 trillion tenge (about $14.9 billion) has been formed in the region.
"The main share of the pool is occupied by mining and metallurgical, petrochemical, energy, and chemical projects. Their commissioning will create more than 17,000 new jobs," he said.
According to him, among the main projects implemented in 2023 are the construction of a sludge processing plant (ERG company), a plant for the production of mobile drilling rigs (Kazakhstan Petroleum Equipment Plant LLP), a plant for the production of petrochemical reagents (Munaykhim LTD LLP), and a milk processing workshop (ICE+ LLP).
The total volume of investments in fixed capital in Kazakhstan amounted to 9.6 trillion tenge (about $20.5 billion) from January through August 2023, which is 12.2 percent more than in the same period last year.
Most of the funds are attracted to the mining industry, the real estate sector, transport and warehousing, and manufacturing.
13 out of 20 regions exceeded the target, among them Mangistau, Akmola, Kyzylorda, Turkestan, Karaganda regions, Shymkent city, etc.