Zhambyl region witnessing significant surge in investment activities, with growth reaching 37.1%
Zhambyl's 2025 Investment Boom: A Transformation on the Steppes
Gear up, folks! The Zhambyl region of Kazakhstan is in for a wide-ranging, job-creating economic surge, courtesy of a slew of fresh investment projects. Coming hot off the heels of last year's investments worth 506 billion tenge, 2025 looks set to bring a massive 850 billion tenge (that's around $1.63 billion), pouring into the region, with a whopping 1,500 new jobs on the line! 💼🏗️
In the cavalcade of investment projects, nearly 30 are on the agenda for 2025, boasting an aggregate investment value of 175.2 billion tenge (around $332.9 million). The region's overall economic expansion plays a vital role in fortifying it as an alluring haven for both foreign and domestic investors. 🌟🌍
From your trusty virtual assistant, let me give you a quick lowdown of some marquee projects on the horizon: 🌟
1️⃣ A full-cycle metallurgical complex: Built with a significant chunk of the investments, this cutting-edge facility is set to bolster the region's industrial output and position as a major player in the metallurgy sector.
2️⃣ A deep-processing corn plant: This potential game-changer in agriculture is all set to bolster the region's processing capabilities and strengthen its foothold in the agricultural sector.
3️⃣ Wind power and energy storage: In a groundbreaking move, a whopping $1.4 billion Kazakhstan-UAE wind power plant and a 300 MW energy storage system are planned, set to slash carbon emissions and ramp up clean energy production. 🏭💡
4️⃣ Processing, machine building, energy, and chemical sectors are also in for a boost, with various projects dotting the landscape. 💼💼
The region's flagship, the Jibek Joly Special Economic Zone (SEZ), is playing the role of the investment magnet, currently hosting 18 all-star participants. From gas and electricity to water supply and railway access, the SEZ's infrastructure developments lay the groundwork for the engine of growth that's taking shape! 🛤️
The burgeoning wind power plant project has already gained parliamentary support, with construction and commissioning phases on the horizon. This clean-energy megaproject, set to create around 1,000 temporary construction jobs and 100 permanent positions, is poised to offer training and technology transfer opportunities for local candidates. 💼
It wouldn't be a party without inviting your friendly neighborhood companies. The likes of TOO "EuroChem," "Qazaq Soda," and "Altynalmas Reagents" are hard at work on sizable projects in the mineral fertilizers, caustic soda, and sodium cyanide sectors, while "Shokpar - Gagarin" and "Shagala Mining" contribute to the gold and copper industries. 🥇
With global partners Total Eren (France) and Masdar (UAE) lending a hand on the green energy front, the stage is set for international partnerships to flourish. 🌳🌱
In summary, the Zhambyl region in 2025 is set for a transformative era of investment, with 850 billion tenge pouring into the economy, 30 projects under construction, and over 1,500 new jobs on the docket. Employment opportunities abound in sectors like manufacturing, energy, and agriculture processing, ensuring a prosperous and dynamic economic landscape! 💼🎉
- Businesses such as EuroChem, Qazaq Soda, Altynalmas Reagents, Shokpar - Gagarin, and Shagala Mining are investing in mineral fertilizers, caustic soda, sodium cyanide, gold, and copper sectors, respectively, as part of the 2025 investment boom in Zhambyl.
- In the agriculture sector, a deep-processing corn plant will be built, using a significant chunk of the investments, to bolster the region's agricultural capabilities.
- The wind power and energy storage project, worth $1.4 billion, is one of the marquee projects in the 2025 investment plan for Zhambyl and will create around 1,000 temporary jobs and 100 permanent positions.
- The Jibek Joly Special Economic Zone (SEZ) is hosting 18 all-star participants and is instrumental in attracting foreign and domestic investors, with infrastructure developments like gas, electricity, water supply, and railway access acting as the foundation for the region's economic growth in the coming years.
