New Special Economic Zones to Be Established in Kazakhstan

Four new special economic zones (SEZ) will be established in Petropavl, Kostanai, Aktobe and Baikonur.

Currently, the proposals of the project are being reviewed by the Ministry of Industry and Infrastructural Development of Kazakhstan.

There are 12 special economic zones and 23 industrial zones in the country.

Four new special economic zones (SEZ) will be established in Petropavl, Kostanai, Aktobe and Baikonur.

Currently, the proposals of the project are being reviewed by the Ministry of Industry and Infrastructural Development of Kazakhstan.

There are 12 special economic zones and 23 industrial zones in the country.

There is a textile industry cluster in the special economic zone Ontustik located in Shymkent. A large number of projects were commissioned in the territory of the economic zone.

Another special economic zone is Pavlodar, where aluminum production facilities involved in manufacturing of products of a much higher quality, were established.

Meanwhile, industrial zones in Kyzylorda region are attracting the high volume of investments in Kazakhstan while the largest number of industrial zones is located in Turkistan region.  

Kazakh Minister of Industry and Infrastructural Development, Roman Sklyar said that the investments attracted to the special economic zones are at least twice more than the investments made by the Government.

Generally, 183 projects were commissioned in the SEZ, including 46 foreign invested projects. About 314 billion Tenge were allocated for infrastructural developments in all of the economic zones. The amount of attracted investments totaled about 910 billion Tenge.

As for industrial zones, 168 production facilities with the investment volume of about 183 billion Tenge were commissioned. 86 billion Tenge were invested in their infrastructure.

Moreover, 147 projects will be implemented in SEZ in the upcoming three years and 36 enterprises will start their production activities by the end of the year. 

According to experts, the volume of investments attracted to the industrial zones will reach 520 billion Tenge by 2021.

It will allow to commission 173 new enterprises and 40 of them are expected to be commissioned this year.

Photo: inbusiness.kz