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Kazakhstan launches new industrial zone in Shymkent to attract global investments

GenevaTimes by GenevaTimes
April 14, 2025
in Europe
Reading Time: 1 min read
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Kazakhstan launches new industrial zone in Shymkent to attract global investments
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Kazakhstan launches new industrial zone in Shymkent to attract global investments

ASTANA, Kazakhstan, April 14. In the course of
his working visit to Shymkent, President of Kazakhstan
Kassym-Jomart Tokayev toured the “Tassai” industrial zone, Trend reports.

At the industrial zone, which houses 33 companies with a total
investment of 44.5 billion tenge (approximately $84.5 million),
Tokayev was briefed on the ongoing projects. These include nine
investment initiatives that have created approximately 800 new
jobs.

The president visited an exhibition showcasing products from
various sectors, including light industry, machine engineering,
construction, and furniture manufacturing.

He was also updated on the development of the Aksa Enerji Üretim
A.Ş. combined-cycle power plant, which has an investment value of
350 billion tenge (approximately $665 million).

Furthermore, Tokayev visited the production line at Asia Trafo, a
factory that produces autotransformers, power oil transformers, and
reactors, which are exported to CIS countries.




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