Karaganda region: economy up 2.9%, machine building up 26.2%

The President listens to a report on the Karaganda region’s development in Temirtau
Photo: Photo: Akorda

Temirtau, 2 November. In nine months the economy of the Karaganda region grew by 2.9%, industrial output by 4.9% and machine building by 26.2%, President Tokayev was told in Temirtau, Akorda reported.

The region’s investment portfolio to 2032 comprises 186 projects worth 7 trillion tenge in total; their implementation is to create 36,000 new jobs. The President was told about new production facilities, deeper processing of raw materials, strengthening of the mineral resource base and attracting domestic and foreign investors. Slides of the region’s presentation shown to the President and given on Akorda’s page put gross regional product for 2025 at 10.4 trillion tenge, with the region 4th in contribution to GDP and 2nd in industrial output. The industrial physical volume index, which shows the change in output excluding prices, is 104.9% for nine months of 2026. Manufacturing accounts for 71% of industry; within it metallurgy takes 62%, machine building 15% and other industries 23%, and machine-building output is 436.3 billion tenge. By investor country, projects break down as follows: Kazakhstan 119 projects worth 3.5 trillion tenge, China 14 worth 1.7 trillion, the United States one worth 605 billion, Russia three worth 200.4 billion, Turkey two worth 101 billion and the European Union three worth 24.7 billion; for 2026 there are 46 projects worth 328 billion tenge and 3,200 jobs.

He was also briefed on the development of agribusiness, housing construction and modernisation of social infrastructure: over the past three years the region has built 92 rural healthcare facilities and 13 schools, and renovation of educational institutions continues. Under the Taza Kazakhstan programme, settlements are being improved and public spaces and eco-parks created.

Economic growth in the region for the year is forecast at 4%, that is 1.1 points above the nine-month result. Further development, the statement says, will rest on industrial potential, investment projects and quality of life. At the meeting with Qarmet workers the President gave another figure for the same region: heavy-industry enterprises produced goods worth 4.2 trillion tenge.

What it means: The region ranks 4th in contribution to GDP and 2nd in industrial output; its annual growth forecast, 4%, is 1.1 points above the nine-month result, 2.9%. Machine building is growing faster than other industries, at 26.2%.

Background: The same day the President toured the Qarmet plant in Temirtau; we wrote separately about its section-rolling complex and coke batteries.

  • List of sources used: Akorda
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