The Karaganda region has relied on the development of the manufacturing industry

There are 941 industrial enterprises operating in the Karaganda region, of which about 800 are in the manufacturing sector. Today, the region is one of the leaders in the country in terms of manufacturing industry. Last year, enterprises in this industry produced products worth more than 3 trillion tenge, more than a third of the gross regional product. In the future, the region aims to become a center for the production of medium- and high-tech products of the manufacturing industry, related service sectors, and entrepreneurship with high transit potential.

More information about the development of the industry was provided at a briefing on the site of the Regional Communications Service.

– The economic development of the Karaganda region shows stable growth, ensuring timely and high-quality fulfillment of the tasks of the Head of State outlined in the messages to the people of Kazakhstan. Volumes are increasing annually in all sectors of the economy. The main ones are industry, primarily the manufacturing sector. The region produces all of the country's coking coal, a third of thermal coal, a significant portion of non-ferrous and precious metals, as well as 100% of flat rolled products. This is the basis of the industrial power of the region and the country as a whole. As a result, the region contributes a significant share to the development of the economy, ranking fourth in terms of the country's GDP," said Deputy Akim of the region Alibek Aldeney.

Economic growth is the result of joint efforts between the government and business, he stressed. There are also many government support programs in the manufacturing sector: the supply of missing utilities for new projects, preferential loans, etc.

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Thanks to government support for business initiatives, the growth of investments in fixed assets in 2024 amounted to 64% compared to the previous year and reached about 1.5 trillion tenge. We are not going to stop there. In 2025, we plan to attract over 1.5 trillion tenge of investments, 50% of them in industry. Our task is to ensure sustainable growth of industrial production, attract high–quality investments and train the personnel that enterprises in the region need," said Alibek Aldeney.

In the first seven months of this year, the region produced products worth 2.7 trillion tenge, with an increase of 7.3%.

As

announced at the briefing, a pool of 120 investment projects worth 4.5 trillion tenge has been formed in the region with the creation of more than 20 thousand new jobs. This year, it is planned to implement 29 investment projects, of which 15 are in industry and processing.

A hot-dip galvanizing plant has been opened in the region. Samsung brand TVs and washing machines have been launched. New projects for the production of straight-seam steel pipes, aluminum radiators and silicon alloys are expected to be launched by the end of the year. The construction of a 150 MW wind farm will be completed.

It was noted that the region is open for direct work with investors. There is an Investor Service Center. The investment headquarters is operating under the chairmanship of the akim of the region, where problematic issues are promptly resolved.