Kazakhmys Corporation will invest more than 20 billion tenge in social and infrastructure projects in Kazakhstan’s Ulytau region under a newly signed memorandum of cooperation with the regional akimat.
The agreement prioritises investments in healthcare, education, infrastructure modernisation and urban development.
Among the flagship initiatives is the establishment of Ulytau University, as well as the launch of Zhezkazgan’s largest mosque, a trauma care centre in Satpayev and the Namys sports complex with a 150-bed boarding facility.
Urban improvement projects in Zhezkazgan will include the redevelopment of Zhasar Park, the Gharishkerler Boulevard and the embankment of the Kengir Reservoir. Renovation of the S. Kozhamkulov Theatre is also planned.
A separate focus of the programme will be the modernisation of water supply, heating and energy infrastructure systems across the region.