Karaganda Region, Kazakhstan, Booms with Major Investments and Job Creation
Karaganda Region, Kazakhstan, is witnessing significant developments. President Kassym-Jomart Tokayev recently met with regional leader Ermakhanbet Bulekpaev to discuss progress. The area has seen substantial investments and projects, with a focus on metallurgy, agriculture, and improving living standards.
The metallurgical complex is undergoing major transformations. Large-scale projects include a casting-rolling complex, new coke batteries, and a blooming mill. These initiatives are part of a broader strategy to attract investments, with 644.7 billion tenge already secured for fixed capital.
The region is also prioritizing industrial production and jobs near me. In the first eight months, production reached 3.2 trillion tenge, with plans to create over 2700 new jobs this year through 29 projects worth 195 billion tenge. By 2030, a portfolio of 120 projects valued at 4.5 trillion tenge is expected to generate 20,000 jobs.
Agriculture is another key sector. Two dairy farms are being constructed to meet local milk demand. Meanwhile, Qazmet, the region's metallurgical giant, is transitioning to natural gas. The first phase of gasification is complete, with modernization efforts increasing production by 5-6.9% through an investment of 110 billion tenge.
Karaganda Region's development is driven by substantial investments and projects across various sectors. The region aims to boost industrial production, create jobs near me, and improve living standards, with the President's directives providing clear guidance for these efforts.
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