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TURKESTAN REGION’S INVESTMENTS SKYROCKET BY 1.4 TIMES SINCE THE BEGINNING OF THE YEAR

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.

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