Outcomes of attracting investments in the first quarter of 2021 considered at the meeting of the Investment Headquarters
The meeting of the Investment Headquarters, chaired by the Prime Minister of the Republic of Kazakhstan Askar Mamin, considered the outcome indicators of work on attracting investments for the first quarter of 2021.
Minister of National Economy Asset Irgaliyev reported that in the first quarter of 2021, the amount of fixed investment decreased by 9.6%. Without notice of the mining industry, the amount of fixed investment showed an increase of 34%.
Positive growth rates for fixed investment were achieved in 15 regions and cities of the republican importance. The leaders were Turkestan (67.4%), Zhambyl (32.9%), Kostanai (23.3%), Karaganda (22.8%), North Kazakhstan (20.6%) regions, as well as the cities of Shymkent (45.8%) and Almaty (34.5%). The stagnation is observed in West Kazakhstan (- 48.7%) and Atyrau (- 39.8%) regions.
Chairman of the Board of NC Kazakh Invest JSC Meirzhan Yusupov reported on progress in the preparation of 12 projects with a high level of development worth more than $ 4.2 billion in the sectors, such as the agro-industrial complex, pharmaceuticals, chemical and metallurgical industries.
During 2021-2025, it is planned to implement more than 2,500 projects totaling KZT45.5 trillion ($100 billion) of investment. The implementation of these projects will enable to achieve the targeted indicator for fixed investment at the level of 30% of GDP by 2025.
Minister of Digital Development, Innovation and Aerospace Industry Bagdat Musin, akims of Turkestan region Umirzak Shukeyev and North Kazakhstan region - Kumar Aksakalov reported on the work to attract investments.
Minister of Digital Development, Innovation and Aerospace Industry Bagdat Musin stressed that for 2021-2025 the Ministry targets the implementation of 170 projects totaling KZT1.5 trillion in the fields of communications and telecommunications, development of digital mining, the aerospace industry, IT industry, electronic industry. This year, it is planned to implement 64 projects worth KZT265 billion.
Akim of Turkestan region Umirzak Shukeyev reported that for 2021-2025 the Akimat has formed a pool of 181 investment projects totaling KZT2.6 trillion creating 27,000 jobs in such sectors as the agro-industrial complex, renewable energy, tourism, chemical industry etc. This year it is planned to implement 81 projects worth KZT 256 billion.
Akim of North Kazakhstan region Kumar Aksakalov noted that for the next 5 years the Akimat has formed a pool of 66 projects worth KZT1.5 trillion in such sectors as the agro-industrial complex, mechanical engineering, digitalization, pharmaceuticals, healthcare, mining and metallurgy, etc.
“Efforts on attracting domestic and foreign investments should be underway on a systematic basis by all state agencies, regional akimats and entities of the quasi-public sector,” Askar Mamin said.