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Kazakhstan’s government allocates $3.7 billion for the development of monocities

The Kazakh government will allocate around 1.7 trillion tenge ($3.7 billion) to improve the socio-economic conditions in ten monocities of the country. Comprehensive plans for 2023-2027 to improve the state of these monocities provide for the implementation of 608 projects, including the construction and repair of healthcare, sports, education, engineering infrastructure facilities, procurement of modern equipment, modernization of agro-industrial complexes, and more.

At the instruction of the President of the country Kassym-Jomart Tokayev, the Ministry of National Economy is developing a “roadmap” for the development of monocities. The document will contain comprehensive plans to improve the socio-economic situation in these settlements, providing for the creation of industrial zones, territories of advanced development, and more.

Currently, Kazakhstan has 89 cities, of which 27 are monocities with a population of 1.4 million people. They account for up to 40% of the country’s industrial production. A monocity is a settlement founded near a city-forming enterprise to provide labor resources for production.

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