ASTANA, Kazakhstan, January 29. A new furniture production plant has opened in the TURKISTAN industrial zone in the Turkestan region of Kazakhstan,Trend reports.
The total cost of the furniture plant project was 2.3 billion tenge (about $5.09 million). About 50 new jobs were created.
Thus, the new plant, equipped with modern technologies, is capable of producing 600 pieces of furniture per day.
This plant will contribute to the complete furnishing of schools and kindergartens in the region, as well as new buildings in the region.
Meanwhile, the volume of investments in Kazakhstan's Turkestan region amounted to 972 billion tenge (about $2.18 billion) in 2023, which is 26.1 percent more than in 2022.
According to this indicator, the Turkestan region took third place in the country. Private investments, accounting for 66.8 percent of total investments, increased by 1.5 times compared to 2022 and amounted to 649.6 billion tenge (about $1.45 billion).
In addition, the volume of industrial production in the region for the first time amounted to 1 trillion tenge (about $2.24 billion), increasing by 2.5 percent compared to the same period in 2022. The growth was mainly due to increased production in the manufacturing industry; products worth 437.8 billion tenge (about $982 million) were manufactured.
At the same time, in the manufacturing industry, 20 planned projects have been fully launched. Through projects worth 30.2 billion tenge (about $67 million), 594 jobs were created.