A significant amount of investment in Almaty is directed to real estate
At a briefing by the Regional Communications Service, the Head of the Almaty Department of Entrepreneurship and Investment, Yerkebulan Orazalin, shared which industries are most attractive for investors.
According to the speaker, Almaty has good potential for attracting foreign investors. The city is located at the transport crossroads of goods turnover from China to Western Europe, from Asia to Russia. That is, large sales markets are available in the EAEU, there is an export potential and access to Asian and European markets.
According to E. Orazalin, there is a positive dynamic of economic growth rates. The volume of investments in fixed assets amounted to 538.6 billion tenge.
Moreover, investments were attracted from three sources, the main share of which fell on the owners of enterprises themselves - 66.1% (356.1 billion tenge), borrowed funds - 18% (96.5 billion tenge), the state budget - 15.9% (86 billion tenge). tenge).
"This year, a significant amount of investment was attracted in real estate - 255 billion tenge, transport and warehousing - 65.1 billion tenge, industry - 50.4 billion tenge, and financial and insurance activities - 34 billion tenge," Orazalin said.
In general, in 2021 it is planned to attract 1.2 trillion tenge of investments, complete 83 investment projects worth 332.6 billion tenge with the creation of 10,000 jobs, of which more than 5,000 are permanent.
E. Orazalin spoke about 16 social projects, for the implementation of which investments in the amount of 57.6 billion tenge were directed. This list includes the Ballet Theater on Al-Farabi Avenue, the sports and medical center on Azirbayev Street, the dormitory at the Academy named after D. Kunaev and others.
In addition, 38.7 billion tenge was invested in 19 projects in the field of trade and services. Investments were directed to Holiday Inn Express, Novotel, Ibis hotels, business centers, new branches of retail chains, Arlan and Sary-Arka markets and others.
Funds have been invested in 16 projects in the field of industry in the amount of 59.6 billion tenge, including 12 projects of the Industrial Zone. Most of the investments were directed to the real estate sector, 176.7 billion tenge were allocated for the implementation of 32 projects.
“Today, the implementation of 19 investment projects worth 128.6 billion tenge has been completed. The funds were directed to the innovative High Tech Academy school with a center for sports and arts, 70 jobs were created there. Thanks to the investments, the Helmer Medical and Rehabilitation Center appeared, two plants for the production of autoclaved aerated concrete on the territory of the Industrial Zone with the creation of 165 jobs, ”said the head of the Entrepreneurship and Investment Department.
E. Orazalin stressed that within the framework of work with foreign investors, the activity of the Council for attracting investors under the akim of the city was resumed.