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Astana, Kazakhstan • 23 August, 2022 | 16:08
1 min read

Almaty Region to Attract Investment Worth 686.5 Billion Tenge

The regional development plan is expected to provide the region with 7,000 new jobs

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In a meeting with Kassym-Jomart Tokayev, Akim of the Almaty region Marat Sultangaziyev reported on the pace of the Almaty region's socio-economic development, Qazmonitor reports with reference to the press release of Akorda.

According to the akim, the strategic development plan outlines five main directions which are supposed to be implemented in two stages - by 2025 and 2030. For that, the input of investment will be increased from 455 to 686.5 billion tenge, while the new investment portfolio will include 132 projects that total 618 billion tenge and allow the creation of over 7,000 jobs. 

The main drivers of economic development of the Almaty region will be the processing sector, agro-industrial complex, transport and logistics and tourism. As of today, 23 projects amounting to 290 billion tenge have already been realized in the region with 2,626 working places created.

As for the agricultural sector, 78 projects worth 210 billion tenge are being implemented and 3,330 jobs have been created. Projects in this sector cover all districts of the region. 

Sultangaziyev also presented solutions for the ongoing issue of three-shift schools. Taking into consideration the great number of schools with three shifts in the region, the Comfortable School Project plans to build 51 schools by 2025. 

Leading universities and colleges are also expected to open branches in the area, along with a school-lyceum for gifted children, and a special district with a scientific and educational zone and a medical hub on the territory of G4 City.

Thirty-eight medical facilities, including a hospital with 500 beds, will be built to strengthen the healthcare infrastructure. 

At the end of the meeting, Tokayev gave out instructions to continue working on the strategic development plan together with relevant government bodies.

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