Investment project pool for 42 trillion tenge to provide additional economic growth in 2025 in Kazakhstan

AKIPRESS.COM - The investment project pool that is planned to be implemented in Kazakhstan from 2020 to 2024 should trigger an economic growth of Kazakhstan by 1 percentage point, Minister of National Economy Ruslan Dalenov said during the scientific and practical conference on Monday, Vlast.kz reports.
Accoriding to the Minister, GDP of Kazakhstan over the past years did not exceed 4.2%.
The Ministry plans to bring the growth of the economy to the level of at least 5% a year.
"The prosperity depends on the economic situation and only a growth of investments can provide the economic growth. In this regard, investment level in the basic capital should reach 30% to the GDP by 2025," Dalenov noted.
To achieve this goal, Dalenov said a pool of investment projects has been formed for 2020-2024.
"It has 4,000 investment projects in the spheres of transport, construction, energy complex, tourism and the processing industry for 42 trillion tenge. They will become the main drivers of the investment growth," he noted.