Yeraly Tugzhanov: Given The Huge Potential of the Aktobe Region, We Set the Task of Attracting Large Investors
Akim of the Aktobe region Yeraly Tugzhanov met today with the Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan Ardak Zebeshev, the Chairman of the Board of "NC "KAZAKH INVEST" JSC Meirzhan Yussupov.
Delegation arrived in the region to get acquainted with the results of work on attracting foreign direct investment, as well as to assist in the implementation of large projects. The meeting was also attended by heads of state bodies, representatives of large companies.
The head of the region recalled that on October 19, Kazakhstan Global Investment Roundtable-2022 was held in Astana, during which agreements were reached and 5 memorandums worth 735 million US dollars were signed in such industries as metallurgy, construction, healthcare, ecology and logistics.
Yeraly Tugzhanov stressed that all the agreements reached within the framework of meetings and events, as well as the implementation of the signed memorandums, are under his close control.
“More than a thousand foreign companies are registered in the region, including 7 transnational ones. The annual growth of GRP is 5%. The main share, about 42%, falls on industry. In the region, as well as in the whole country, there is a natural decrease in the extraction of mineral resources. In this regard, for the qualitative and sustainable development of the economy, improving the standard of living and well-being of the population, measures are being taken to diversify the manufacturing industry. In particular, work is underway to attract investment capital and increase volumes in this area: such a task has been set for all large companies,” the regional akim said.
According to the results of 9 months of 2022, 600 billion tenge of investments were attracted to the region's economy. The volume of exports of manufacturing products amounted to 1.2 billion US dollars, 53.8 billion tenge was invested in the manufacturing sector, which gave impetus to the development of local content, import substitution and the growth of exports of competitive products. According to these indicators, Aktobe region is one of the leaders among the regions.
In order to attract a new wave of investments until 2027, a pool of 95 investment projects has been formed in the sectors of metallurgy, alternative energy, pharmaceuticals, medicine, petrochemistry, the construction industry and the agro-industrial complex. Their value is more than 4.6 trillion tenge, it is expected to create about 12 thousand jobs. Singapore, Turkey, the Russian Federation, Great Britain and the Netherlands are among the main investor countries.
“We came to get acquainted with the activities of the region to attract foreign direct investment. It should be noted the positive experience of the functioning of the front office on the basis of SEC Aktobe, which provides all investors with infrastructure. According to the results of the first half of the year, we note that the target indicator set for 2022 for your region has already been fulfilled by 63%, and compared to last year, there is a 2-fold increase. The region is making every effort to implement projects, promote and solve problematic issues for investors,” said Ardak Zebeshev, Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan.
Meirzhan Yussupov, Chairman of the Board of "NC "KAZAKH INVEST" JSC, said that a national pool of investment projects had been formed, which included 850 projects worth 33 trillion tenge.
“The Aktobe region accounts for 42 largest projects in the non-primary sector in the amount of 1.5 trillion tenge. You have a well-developed industrial region. One of the projects that we will support and create the most comfortable conditions for investors is the creation on the basis of the A. Moldagulova International Airport multimodal transport and logistics hub with a cargo turnover of at least 1 million tons per year,” Meirzhan Yussupov said.
At the same time, the head of the region noted that the potential of the Aktobe industrial zone is not fully used. Currently, 26 enterprises in such industries as petrochemistry, production of building materials, and logistics are residents here.
“Given the huge potential of the Aktobe region, I set the task of attracting large investors. We are considering the issue of developing the Industrial Zone with the use of preferences under investment contracts, attracting about 3 trillion tenge of investments and providing more than 15 thousand people with new jobs. Work is also underway to create a belt of new industries 4-5 redistribution around large backbone enterprises, which, of course, will give a new impetus to regional development. We need your support In this direction,” said Yeraly Tugzhanov, addressing representatives of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan and “NC “KAZAKH INVEST” JSC .
At the end of the meeting, the head of the region instructed the relevant departments, together with the representative office of KAZAKH INVEST, to strengthen explanatory work with business entities.
Source: Akimat of Aktobe region
