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INVESTMENT AND ECONOMIC DIVERSIFICATION PROGRAMS GAIN MOMENTUM IN THE TURKESTAN REGION

A regular meeting of the regional investment headquarters was held at the administration of the Turkestan region under the chairmanship of Governor N. Kusherov. The meeting was attended by all district and city akims of the region. The agenda focused on attracting investment, improving the investment climate and ensuring systematic support for new projects. The Governor personally reviewed the proposals and challenges presented by each investor.

The following major investment projects were presented during the meeting:

Ordabasy, Tulkibas, Sozaq, and Kazygurt districts: A group of companies within «Souths Oil» LLP is implementing Phase I and II of an oil refinery construction project, developing the Sastobe innovation complex, building a cascade of hydropower plants on the Ogem River, constructing a phosphorite ore processing plant, and developing a gas-fired power station.

Turkestan city: «PSI Machinery» LLP is constructing a heavy equipment manufacturing plant for the mining and metallurgical industry.

Sozak district: «TAIQONYR QYSHQYL ZAUYTY» LLP is building a sulfuric acid production plant.

Sauran district: «ORZAX CENTRAL ASIA» LLP is launching a production facility for dietary supplements and vitamins.

Kentau city: «ККС» LLP is constructing a gas turbine power plant.

Baidybek district: «New Clean Energy» LLP is developing a wind power plant project.

In addition, in the Sauran district «KazMunayGas-Aero» LLP plans to build a storage base for fuel and energy materials including JET A-1 aviation fuel.

The Governor instructed that each investment project be placed under continuous supervision with infrastructure issues addressed promptly and comprehensive support provided to investors. Project oversight has been strengthened with clear deadlines established and responsible officials appointed. In accordance with the Governor’s directive, district and city akims are fully accountable for ensuring effective investor support and the timely, high-quality implementation of projects within their jurisdictions.

These initiatives are expected to significantly enhance the region’s industrial and energy capacity, diversify the economy and create new employment opportunities.

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