Slightly over one-third increase in Almaty's tax revenue
Kickstart in the Alatau District of Almaty
The bustling Alatau District of Almaty is no stranger to progress, with its industrial powerhouse consisting of a renowned passenger car production plant, Almaty Concrete Plant, and a plethora of other industrial ventures. This district fabricates a solid third of Almaty's total industrial output.
According to the city's mayor, this vibrant industrial landscape solidifies Alatau's standing as one of Almaty's most industrially robust districts. Last year, investments in the district's economy skyrocketed by an astounding 87.3% to a staggering 360 billion tenge.
The creative Darwinian surge in business entities during 2024 accounted for an impressive 10.2% growth, enabling a 31.1% surge in tax revenues and the fostering of a robust 7,500 new jobs. Retail turnover for that year reached a commendable 536 billion tenge, marking a 6.9% growth, while wholesale turnover doubled its previous figure.
In a gathering with Alatau District residents, the esteemed Mayor Yerbolat Dosaev shared these exhilarating economic indicators, citing the burgeoning economy as a pivotal reason for the district's budget swelling by nearly 40% in 2024 to a colossal 43.7 billion tenge, and growing further by another 30% in 2025 to around 57 billion tenge.
The future of Alatau District revolves around ensuring an unobstructed expansion of social amenities, actively developing engineering and transport infrastructure, and building a desirable living environment for its inhabitants.
In a parallel evolution, we highlighted that the number of enterprises in Turkssib District of Almaty increased by 10.4% to an impressive 30,000 over the year, generating an impressive 5,500 jobs. The budget of Auezov District saw a significant 25% boost in 2025, with the majority of funds earmarked for infrastructure modernization and beautification.
Recalling yesterday's news, the tax revenues amassed by Almalinsky District of the bustling metropolis amounted to a resounding 373 billion tenge in 2024, signifying an impressive 27% increase.
In the realm of economic development, crucial indicators include growth in the number of new businesses, increasing tax revenues, and job creation. A well-allocated budget indicates a community's priorities, primarily focusing on infrastructure, tourism, technology, innovation, and sustainability.
Recent economic activities in Almaty and Kazakhstan have witnessed the expansion of major brands such as Radisson Hotel Group, a testament to growing investment in the tourism and hospitality sectors, which can, in turn, catalyze local economic growth and spawn new job opportunities.
Contacting local government agencies or economic development organizations in Almaty is advised to obtain accurate statistics specific to the Alatau District. These valuable resources demonstrate the rich tapestry of economic development and offer a window into its flourishing potential.
- The Alatau District, a significant industrial sector of Almaty, has seen a substantial increase in tax revenues, with a 31.1% surge in 2024, amounting to a notable 373 billion tenge.
- The budget of the Alatau District swelled by nearly 40% in 2024 to a colossal 43.7 billion tenge, with an anticipated further growth by another 30% in 2025, reaching approximately 57 billion tenge.
- The busyness in Alatau District strengthens its position as one of Almaty's most industrially robust districts, contributing to 37.3% of the city's total industrial output.
- In the spirit of fostering economic growth, the focus in Alatau District lies in expanding social amenities, developing engineering and transport infrastructure, and building a desirable living environment for its inhabitants, all of which contribute to the district's industries and business.
