MORE THAN 1 TRILLION TENGE OF INVESTMENTS HAVE BEEN ATTRACTED TO SHYMKENT IN THREE YEARS

MORE THAN 1 TRILLION TENGE OF INVESTMENTS HAVE BEEN ATTRACTED TO SHYMKENT IN THREE YEARS
Since the proclamation of Shymkent as a city of national importance, the city’s social and economic development has shown a positive trend. In three years more than 1 trillion tenge of investments have been attracted to the city.  1.7 million square meters of housing were put into operation.
The Deputy Akim of Shymkent, Yergaly Bilisbekov, reported on this at a briefing on the ongoing work of the city’s development strategy. The volume of industrial production amounted to 425 billion tenge 3 years ago, and according to the results of the current year it is planned to increase it to 710 billion tenge. The city’s budget has increased 3.7 times since 2017, from 131.2 billion tenge to 481.6 billion tenge this year. The tax base has increased, revenues to the local budget have increased from 57 billion tenge to 150 billion tenge.
- As you know, the pandemic that has engulfed the world has had a negative impact on the global economy. This could not but affect our city. Due to protective quarantine measures, the areas of trade, transport, and services were the most affected. As a result, there was a noticeable slowdown in business activity. Nevertheless, in January-May 2021, the volume of industrial production amounted to 295 billion tenge, which is 10.1% more than in the same period last year, " - said Yergali Dauletbekovich.
In the reporting period, the manufacturing industry increased the production of chemical products by 2.1 times, pharmaceutical products by 28.1%, textiles by 23.7%, food products by 15.8%, and metallurgical products by 15%.
In order to develop production in the city, there are 4 industrial zones with an area of 718 hectares. In particular, 174 investment projects worth 254.2 billion tenge with the creation of more than 11 thousand new jobs are being implemented in the industrial zones "Ontustik", "Tassay", transport and logistics zone "Ontustik", SEZ "Ontustik". Of these, 112 projects worth 137.5 billion tenge have been implemented to date, with the creation of about 7.5 thousand jobs. In order to develop the city's economy in the next 5 years, a development program for 2021-2025 has been developed and is already being implemented in a new format.
Press service of Shymkent city mayor's office