President of Kazakhstan Kassym-Jomart Tokayev met with Asain Baikhanov, the governor of Pavlodar region, to review the region’s 2024 performance and discuss strategic priorities for the upcoming period.
The meeting revealed that Pavlodar region experienced robust economic growth in 2024, with a 5.8% increase in regional GDP. Investments surged to 1.1 trillion tenge, marking a 38% year-on-year growth.
Key industrial projects are currently underway in the region, including two major initiatives focused on processing gold-bearing concentrate and producing ferroalloys. A particularly significant development is the planned construction of three ferroalloy plants in Ekibastuz, with a combined capacity of 460,000 tons. These plants are expected to elevate Kazakhstan to the position of the world’s second-largest ferroalloys producer.
The President emphasized the importance of sustaining the region’s economic momentum and ensuring effective execution of investment projects to support long-term national goals.
