ASTANA, Kazakhstan, December 12. About 804 billion tenge (about $1.75 billion) of investments have been attracted to the economy of the Aktobe region of Kazakhstan since the beginning of 2023, which is 8.2 percent more than the same period last year, said the head of the region, Askhat Shakharov, Trend reports.
As he noted, by the end of 2023, the volume of investments is planned to increase to 1.1 trillion tenge (about $2.4 billion).
A number of important and large-scale investment projects have been launched in the region. Among them are a sludge processing factory, a plant for the production of mobile drilling rigs, and a new workshop for the Novo-Aldzhansky compound feed production plant.
In addition, in the next 4 years, it is planned to implement 51 large investment projects worth 4.1 trillion tenge (about $8.9 billion).
Among these projects, the head of the region highlighted the ERG wind power plant, a unique plant for the production of heat-saving building materials from wool, the QazCement Industries plant, nickel-cobalt ore processing plants, etc.
At the end of 2022, the gross inflow of foreign direct investment into Kazakhstan amounted to $28 billion, which is 17.7 percent more than the results of 2021 ($23.8 billion). This is a record figure over the past 10 years; in 2012, the volume of FDI reached $28.9 billion.
By industry, the largest volume of investments was directed to the mining industry: $12.1 billion (+25 percent), manufacturing: $5.6 billion (+3 percent), wholesale and retail trade: $5.08 billion (+36 percent), professional, scientific, and technical activities: $1.1 billion (2.1 times increase), transport and warehousing: $1.1 billion (+14 percent), construction: $698 million (-3 percent), financial and insurance activities: $650 million (-60 percent), electricity and gas supply: $635.6 million (an increase of 2.8 times), etc.