The international investment forum "TURKISTAN INVESTMENT AND TOURISM FORUM – 2024" is currently underway in the tourist capital of the Turkic world. The event has now transitioned into thematic panel sessions, including "Kazakhstan-China Investment Cooperation in Processing and Industry," "China Tourism Year in Kazakhstan – 2025," and "Digital Transformation."

During the forum, 35 memorandums of cooperation were signed, totaling over 301 billion tenge. These agreements pave the way for new projects in the region, highlighting the strategic significance of Turkestan in international collaboration and creating fresh opportunities for businesses and investors.

In Turkestan Region, 145 investment projects are scheduled for implementation by 2027, which will create 17,000 new jobs and increase the region’s income by an additional 100 billion tenge. The region hosts 10 industrial zones covering 594 hectares and special economic zones over an area of 580 hectares, where 49 enterprises are already operational. An additional 39 projects are under construction.

Notably, Turkestan is focusing on developing manufacturing with an emphasis on producing finished goods, maximizing the region’s potential. To enhance investment activity, delegations from district and city administrations and the business community organized visits to the People’s Republic of China. As a result, several projects have been launched with the support of Chinese investors and advanced Chinese technology, with an expected 1.2 trillion tenge in investment anticipated for the region’s economy. Major projects include the creation of a textile cluster and the construction of solar and wind power plants.

The international forum has become an official continuation of these visits, offering a vital platform for dialogue between government and business. The agreements signed at the forum will pave the way for impactful projects across various sectors, increasing the number of production facilities in Turkestan Region.