On the instructions of the President of the country to intensify work to attract investment and ensure sustainable economic growth, a regional council on the implementation of investment projects was held in Kostanay region under the chairmanship of Akim Kumar Aksakalov.

The head of state has repeatedly emphasized that in the context of global competition for capital, it is critically important to act promptly and make decisions in the "here and now" mode. In this regard, the key priority of the region remains the implementation of large industrial, infrastructure and agricultural initiatives.

The heads of regional departments, akims of districts and cities, as well as initiators and representatives of investment projects took part in the work of the council.

Key projects of the industrial sector
A number of systemic projects were considered at the council meeting, the implementation of which will have a significant effect on the growth of the manufacturing industry, the creation of new jobs and the development of related industries.

Including:

A full-cycle KIA car manufacturing plant (105 billion tenge, capacity - 70 thousand cars per year, 1,500 jobs);

KamLitKZ main gear plant (82.5 billion tenge, 550 jobs);

Hot briquetted iron (HBI) production project based at SSGPO JSC (532 billion tenge, 2 million tons per year, 1,000 jobs);

Solidcore Resources renewable energy projects — construction of solar and gas piston power plants, as well as a gas distribution station;

Konditerskaya Stolitsa factory, deep grain processing plant, projects for the production of auto components and the Qostanay Dry Port logistics hub.

Investor representatives were heard on each project. The regional akim gave specific instructions to eliminate infrastructural and administrative barriers, including the allocation of land plots, connection to utility networks and acceleration of examination procedures.

Investments in the agro-industrial complex
A separate block considered the implementation of 34 projects in the agro-industrial complex, presented by districts as part of scaling up the experience of the North Kazakhstan region. The total volume of declared investments is 110.6 billion ₸.

Of which:

through SPK "Tobol" - 82.3 billion ₸,

at the expense of own funds - 15.5 billion ₸,

at the expense of other sources - 12.8 billion ₸.

To date, 15 projects worth 42.4 billion ₸ have been provided with project documentation. For them, mechanisms for financing and interaction with investors are being developed.

The district akims reported on the degree of readiness of the initiatives, the progress of pre-project and technical preparation. It was noted that the projects should be worked out not only from an engineering point of view, but also from the point of view of business logic - the availability of raw materials, sales markets and a sustainable implementation model.

Requirements for district and city akims
The regional akim emphasized that all investment projects are under his personal control. District and city akims are required to do not formal, but substantive and targeted work on building a project portfolio.

“I instruct the akims: do not engage in pretty reports. Show real work — investment projects that provide jobs, taxes and increased welfare for citizens,” Kumar Aksakalov noted.

According to him, in a number of districts not a single new project has been presented for a long time. This is unacceptable — especially in the context of the availability of preferential financing mechanisms, state support and growing demand for agricultural processing.

The need was also emphasized:

to update sections on investment potential on the websites of akimats,

to establish communication with the platforms of the SPK Tobol, Kazakh Invest and specialized departments.

Conclusion
Following the meeting, instructions were given to intensify work in each direction, ensure that projects are fully ready for implementation, and present specific results in the coming months.

“Development is not slogans. It is the result of systematic, daily, and demanding work at all levels,” the regional akim concluded.

Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1006498?lang=kk