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Writer's pictureGlobal Initiative for Territorial Entities

"Investment Angel" for the Karaganda region of the Republic of Kazakhstan

The Karaganda region of the Republic of Kazakhstan was named one of the most dynamically developing regions of the CIS.


Serik Akhmetov was awarded the International Award "Investment Angel" in Baku. He participated in the International Banking Conference of the CIS Member States. Its organizers recognized the Karaganda region as one of the most dynamically developing regions of the Commonwealth of Independent States.


On December 1, at the International Banking Conference in Baku, the Investment Angel Award ceremony was held. The winners were the regions that managed to overcome the financial crisis faster and more efficiently than others. In addition, when selecting nominees, the organizers took into account such an indicator as to the volume of inflow of foreign direct investment.



Three regions at once became winners in the nomination "The most dynamically developing subjects of the CIS". The first statuette went to Russia. It was presented to the head of the Department of Economics of the Oryol Region, Yuri Esipov. The second prize was given to the Autonomous Republic of Crimea. And the third winner of the "Investment Angel" was the Karaganda region.


Akim of Karaganda region Serik Akhmetov, having received the statuette, said that over the years of independence, the volume of investments in the economy of our region has significantly increased. It is expected that by the end of the outgoing year they will amount to more than one and a half trillion tenge. And the program of accelerated industrial-innovative development will allow 2015 to increase the volume of investments by about a third.


Now about 50 projects are being implemented in the region, which is included in the Industrialization Map. Among them are the production of spare parts and the assembly of KazBelAZ equipment, the construction of a poultry farm named after it. Marks, the production of original herbal medicines "Asteroid", "Sausalin", "Ecdyphyt" and the construction of the third phase of the pharmaceutical complex. These and other projects, according to the plan of the authorities, should attract about 300 billion tenges to the region's economy and create more than five thousand jobs.

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