East Kazakhstan is dynamically developing region and has all the conditions for increasing the rates of economic development, raising the well-being of the population. At the same time, the unique location of the region predetermines its special role in ensuring the political, social and economic security of the country.
East Kazakhstan acts as a link with the Russian Federation, the People's Republic of China, providing a significant share of export earnings.
The priority of the economic development of the region is the creation of a competitive economy and ensuring a high standard of quality of life for the population, taking into account the resources of the region and the socio-economic conditions of the country's development.
The region has a number of strategic reserves promoting long-term development and facilitating national problems:
- strengthening the role of the region as the largest center for the extraction and deep processing of non-ferrous metals, the development and experimental development of technologies in the metallurgy;
- expanding the subsoil use segment, contributing to investment attractiveness, increasing the capacity of the domestic and foreign markets, introducing new technologies, and switching from the raw material sector to the production of finished products;
- developing the agro-industrial complex segment to ensure food security and expand export potential, primarily to the Chinese market;
- strengthening energy security through the use of renewable energy sources to meet domestic demand and eliminate electricity shortages;
- tourism potential - a component of the innovative development of East Kazakhstan in the long term, an economically profitable and environmentally friendly branch of the national economy.
The use of these reserves will make it possible to annually increase the volume of the gross regional product by an average of 3-4%.