ASTANA, Kazakhstan, June 18. At a government meeting chaired by Prime Minister Olzhas Bektenov, officials discussed the development of Kazakhstan’s single-industry towns over the past five years, Trend reports.
In this timeframe, a total of 44 initiatives were executed,
aggregating an investment of $1.63 billion, which culminated in the
creation of over 5,200 new permanent employment opportunities, as
reported by the Ministry of Industry and Construction.
Vice Minister Olzhas Saparbekov underscored the pivotal industrial
installations inaugurated in urban centers like Ekibastuz, Saran,
Karazhal, and Rudny, encompassing the fabrication of copper
concentrate, automotive tires, railway wheels, sodium cyanide, and
rolled metal commodities.
Anticipating future developments, a portfolio of 46 novel
industrial initiatives, collectively valued at $11.95 billion, is
projected, with an estimated generation of approximately 14,900
employment opportunities. The emphasis continues to be on advanced
technological frameworks and domestic production capabilities that
replace imports.
Commencing in 2025, a total of 46 off-take agreements have been
executed, aggregating to $29.12 million, thereby enhancing the
previous year's portfolio of 50 contracts valued at $19.86 million.
These accords encapsulate enhanced assured acquisition frameworks
and synergistic collaboration with major systemically critical
entities.
Significant stakeholders like ERG, Kazakhmys, and Kazzinc persist
in their backing of local manufacturers, propelling import
substitution strategies to enhance Kazakhstan’s industrial
landscape.
