In 2024, Kazakhstan launched 22 investment projects worth $1.1 billion.

Astana. December 11. KAZAKHSTAN TODAY - During a board meeting, the chairman of the national company Kazakh Invest, Yerzhan Elekeyev, announced that in 2024, as a result of collaboration with central and local government bodies, the company will launch 22 investment projects totaling $1.1 billion, reports the press service of the Prime Minister of the Republic of Kazakhstan.

To date, enterprises for the processing of tungsten ores have been opened in Almaty region, as well as the production of original anti-cancer drugs in the city of Almaty," the press service reported.

Additionally, investment agreements worth $2.5 billion have been signed for 7 projects, including the construction of a 1 GW wind farm in Zhambyl region, the production of dairy products in Almaty region, and the construction of a greenhouse complex in the city of Shymkent.

A new targeted approach to attracting investments in promising sectors of the Kazakh economy has also been introduced. Four areas have been identified: deep processing of grain, coal chemistry, petrochemicals, and the production of oil and gas equipment.

During the meeting, information on the digitalization of investment activities was presented. Following the event, a work plan for 2025 was approved.

Earlier in Shymkent, an investment project worth over 25 billion tenge was launched.