Economy
Economy
Karaganda Region is the largest industrial area and a powerful industrial center, holding leading positions in Kazakhstan. The industry is represented by the mining and metallurgical complex. The food, pharmaceutical, and chemical industries, as well as light industry and the construction materials industry, have developed. The gross regional product for January-June 2024 amounted to $6301.38 million at current prices. Compared to the same period of the previous year, the real GRP increased by 8.6%.
The main branches of the economy
Trade
In January-September 2024, the mutual trade of Karaganda Region with the countries of the Eurasian Economic Union (EAEU) amounted to $2,145.1 million, which is 2.1% higher compared to the same period in 2023. Exports decreased by 2.2%, totaling $1,250.1 million, while imports increased by 8.8%, reaching $895 million. The region's main trading partners in exports are Russia, Kyrgyzstan, and Belarus. Key export products include goods from the mining and metallurgical complex, machine engineering, and the chemical industry.
2,145.1
Industry
In the industrial structure of the country, the share of Karaganda Region for the period from January to October 2024 was 8.0%, or $6.3 billion, increasing by 0.8% compared to the same period last year and securing third place in the country. The growth of the indicator is primarily associated with the increase in the volume of production in the manufacturing industry, mining industry, and quarry development, as well as the production, transmission, and distribution of electricity.
6,3
Agriculture
The volume of gross output (services) of agriculture, forestry, and fisheries in January-October 2024 amounted to $849 million.
849
Tourism
The coast of lake Balkhash has all the conditions for the development of beach tourism
On the basis of historical and cultural monuments (Mazars of Zhoshy Khan, Alasha Khan, ancient cities of Baskamyr, Ayakkamyr, rock paintings of Terektiaulie, etc.) it is possible to develop ecological, historical, pilgrimage and excursion types of tourism.
The first children's and youth sports school in the Republic for sports tourism "Zhalyn" with branches in Zhezkazgan and Karkaralinsk - hiking, mountain, cycling, skiing tourism with up to 400 people.
400
Growth rates of economic sectors
Industry
(January-October 2024 compared to January-October 2023, %)
111,3
Building
(January-October 2024 compared to January-October 2023, %)
135,4
Transport
(January-October 2024 compared to January-October 2023, %)
96,1
Agriculture
(January-October 2024 compared to January-October 2023, %)
115,5
Trade
(January-October 2024 compared to January-October 2023, %)
102,8
Link
(January-October 2024 compared to January-October 2023, %)
106,4
Large reserves of gold, molybdenum, zinc, and lead are concentrated on the territory of the region. It is also worth adding huge coal reserves (Karaganda coal basin), successfully developed deposits of iron and polymetallic ores. Deposits of asbestos, optical quartz, marble, granite, precious and ornamental stones, copper, oil, gas. The Karaganda coal basin is the main supplier of coking coal for enterprises of the metallurgical industry of the republic. The main reserves of copper ore are located near the city of Zhezkazgan - Zhezkazgan deposit, the largest developer (with a full production cycle: from extraction of copper ore to production of finished products) is Kazakhmys Corporation LLP. In 2009, the development of the Zhalyn coal deposit in the Zhanaarkinsky district began.
Large reserves of gold, molybdenum, zinc, lead, manganese, tungsten are concentrated in the region. It is also worth adding huge reserves of coal (Karaganda coal basin), successfully developed deposits of iron and polymetallic ores. Deposits of asbestos, optical quartz, marble, granite, precious and ornamental stones, copper, oil, gas.
According to operational data, in January-September 2024, industrial products worth $5.4 billion were produced in Karaganda Region. The industrial production index amounted to 113.1%. In the mining industry and quarry development, the industrial production index compared to the same period in 2023 was 100.3%. The volume of metallic ore extraction increased by 8.4%, while other sectors of the mining industry saw a 0.5% increase.
In the manufacturing industry, the industrial production index for the period from January to September 2024 compared to the same period in 2023 was 105.6%. The highest growth was observed in the production of other finished goods, which doubled, machine engineering at 24.9%, production of finished metal products, excluding machinery and equipment, at 23.6%, the chemical industry at 11.4%, and metallurgy at 4.3%.
In electricity supply, gas distribution, steam, and air conditioning, the industrial production index for the period from January to September 2024 compared to the same period in 2023 was 103.2%, due to an increase in the production, transmission, and distribution of electricity by 3.2%. In water supply, sewage systems, and waste collection and distribution control, the industrial production index for the period increased to 101%, driven by a 1% increase in water collection, treatment, and distribution volumes.
Industrial production indices of the Karaganda region by types of economic activity
|
Activities |
2024 (%) |
|
Total for industry |
111.3 |
|
Mining and quarrying |
113.5 |
|
Coal mining |
103.5 |
|
Mining of metal ores |
124.9 |
|
Iron ore mining |
114.8 |
|
Mining of ores other than iron |
131.5 |
|
Extraction of other minerals |
92.5 |
|
Provision of services in the urban mining industry |
123.3 |
|
Manufacturing industry |
111.5 |
|
Food production |
102.4 |
|
Processing and preserving of meat and production of meat products |
117.4 |
|
Processing and preserving of fish, crustaceans and mollusks |
109.8 |
|
Processing and preserving of fruits and vegetables |
97.2 |
|
Production of vegetable and animal oils and fats |
95.7 |
|
Dairy production |
97.2 |
|
Production of flour and cereal products, starches and starch products |
116.6 |
|
Production of bakery, pasta and flour confectionery products |
84.4 |
|
Production of other food products |
103.5 |
|
|
|
|
Beverage production |
98.4 |
|
Light industry |
71.2 |
|
Textile manufacturing |
81.5 |
|
Clothing manufacturing |
69.4 |
|
Manufacture of leather and related products |
75.0 |
|
Manufacture of wood and cork products, except furniture; manufacture of straw products and plaiting materials |
199.4 |
|
Production of paper and paper products |
94.5 |
|
Printing activities and reproduction of recorded information media |
100.6 |
|
Production of coke and petroleum products |
119.4 |
|
|
|
|
Production of chemical products |
100.7 |
|
Production of basic pharmaceutical products and pharmaceutical preparations |
134.6 |
|
Manufacture of rubber and plastic products |
127.5 |
|
Manufacture of other non-metallic mineral products |
96.6 |
|
Metallurgical production |
110.6 |
|
Ferrous metallurgy, except metal casting |
113.8 |
|
Production of basic precious and non-ferrous metals |
107.5 |
|
Metal casting |
161.1 |
|
Manufacture of finished metal products, except machinery and equipment |
150,0 |
|
Mechanical engineering |
121.6 |
|
Production of computers, electronic and optical equipment |
128.5 |
|
Production of electrical equipment |
110.9 |
|
Manufacture of machinery and equipment not included in other groups |
279.6 |
|
Production of cars, trailers and semi-trailers |
88.8 |
|
Manufacture of other vehicles |
137.9 |
|
Repair and installation of machinery and equipment |
117.5 |
|
Furniture production |
108.5 |
|
Production of other finished products |
109.3 |
|
Supply of electricity, gas, steam, hot water and air conditioning |
103.2 |
|
Production, transmission and distribution of electric power |
99.9 |
|
Production and distribution of gaseous fuels through pipelines |
161.5 |
|
Supply of steam, hot water and air conditioning |
114.4 |
|
Water supply; waste collection, treatment and disposal; pollution control activities |
101,0 |
|
Water collection, treatment and distribution |
86.0 |
|
Collection and treatment of wastewater |
123.3 |
|
Collection, processing and disposal of waste; recycling (recovery) of materials |
112.8 |
