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Plans for the Semey special economic zone call for attracting 1.4 trillion tenge in investment and creating around 14 thousand permanent jobs. This was reported by inbusiness.kz, citing the government’s press service (inbusiness.kz). The site will be in the Abai region, with plans to host high-tech businesses, including export-oriented companies.
Where the Semey SEZ will be located
The new special economic zone will be located in Zhanasemey district. It will cover 600 hectares. Prime Minister Olzhas Bektenov signed the decree establishing it.
Plans call for an industrial and manufacturing complex on the site. The necessary logistics infrastructure will be developed to support businesses there.
Where the 1.4 trillion tenge will go
This figure is the projected investment in projects within the SEZ. The main focus will be on attracting investors and launching modern manufacturing operations.
Another priority is cooperation between businesses, meaning the development of links between manufacturers. Alongside logistics, this is intended to help create an integrated industrial site.
How many jobs are planned
The government estimates that the projects will provide permanent jobs for around 14 thousand people. This is the expected outcome of the zone’s development.
Employment opportunities are linked to the arrival of new businesses. The government also expects the industrial site to support related industries in the region.
What the new zone will offer local businesses
As manufacturing operations begin, the authorities expect demand for local companies’ goods and services to grow.
Another expected effect is the development of links between manufacturers within the region. The SEZ plans therefore also affect companies beyond the site itself.
In plain terms
Establishing the SEZ paves the way for manufacturing operations, investment and infrastructure development. The announced investment and job figures remain targets for now.
Once Semey is established, Kazakhstan will have 19 special economic zones across 15 regions. The new site’s development priorities are attracting investors and launching businesses.
