ASTANA, Kazakhstan, May 1. In the first quarter of 2025, the economy of Kazakhstan’s Zhambyl region grew by 14.5 percent, said Sandugash Abdraliyeva, Director of the Regional Department of Economy and Budget Planning, at an extended meeting chaired by the regional akim (governor), Yerbol Karashukeyev, Trend reports.
According to her, such sectors as industry, agriculture, construction, housing, trade, transportation, and communication showed the most significant growth.
“In the first three months of this year, the region produced industrial output worth 289.1 billion tenge ($549.3 million). Agricultural output reached 38.1 billion tenge ($72.4 million), including 38 billion tenge ($72.2 million) in gross livestock production. Investments in fixed capital amounted to 120.5 billion tenge ($229 million), which is 37.1 percent more than in the first quarter of 2024,” she stated.
Moreover, Abdraliyeva also emphasized that construction work worth 38.1 billion tenge ($72.4 million) was carried out in the first quarter. A total of 147,900 square meters of housing were put into operation. Currently, 52 apartment buildings with 2,515 units are under construction.
Trade turnover reached 200.8 billion tenge ($381.5 million). Retail trade grew by 31.6 percent, while wholesale trade increased by 2.8 percent.
However, the districts of Baizak, Zhambyl, Talas, T. Ryskulov, Moyinkum, Shus, and Kordai continue to show weak performance in industry, agriculture, investment attraction, construction, housing development, and retail trade.
Akim Yerbol Karashukeyev highlighted the importance of attracting investments and supporting ongoing investment projects.
“It is necessary to explore new mechanisms for attracting investors. A special center has been opened to support them, providing all services through a one-stop shop system. The key is to eliminate excessive bureaucracy and establish a systematic approach,” Karashukeyev noted.
Meanwhile, it is essential to mention that China's giant and biotech producer, Fufeng Group Limited, has begun construction of a corn deep-processing plant in the Zhambyl region. The facility will initially process up to 1 million tons of corn per year, with plans to increase capacity to 3 million tons. The total investment in the project is around 420 billion tenge ($798 million).