TURKESTAN REGION’S INVESTMENTS SKYROCKET BY 1.4 TIMES SINCE THE BEGINNING OF THE YEAR
The Turkestan region has seen a significant boost in investment, with a total of 420.8 billion tenge funneled into its fixed capital since the beginning of the year. This marks a 1.4-fold increase compared to the same period last year. Notably, over 80% of this investment, or 344.3 billion tenge, comes from private sources.
Turkestan city leads in attracting investments, claiming 35.2% of the region’s total capital inflow, followed by the districts of Sozak (15.4%), Sairam (6%), and Saryagash (5.5%).
When examining the allocation of these funds, the industrial sector emerges as a key focus, receiving 29% of the total investment, which equates to 123.9 billion tenge. Of this, 64.1 billion tenge is channeled into the mining industry, while 25.3 billion tenge supports manufacturing. Agriculture also plays a substantial role, absorbing 28% of the investments, which amounts to 116.4 billion tenge. Within this sector, 31 billion tenge is dedicated to crop production, and 21.4 billion tenge to livestock farming.