Development of Karaganda region

Karaganda, 25 October 2008, (Khabar) - Support for small and medium-sized
businesses, the implementation of breakthrough projects as well as counter
measures against inflation all topped the agenda of an extended sitting of
the Karaganda region's authorities. Participants in the meeting also paid
attention to social facilities such as hospitals, schools and nursery
schools. According to the governor of the Karaganda region, Nurlan
Nigmatulin, all the projects that the local administration had promised to
do would be implemented.

Nurlan Nigmatulin, governor of Karaganda region:
- We have revised all the existing investment projects and regional
programmes being implemented through the republican and local budgets to
insert some changes into them. Next year, the funding will reach 28 million
tenge to be spent on the construction and restoration of social
infrastructure. It will allow us to give jobs to over 5 thousand workers.

The region is especially focussing on the state 30 corporate leaders
programme. This year alone, a section rolling plant has been opened in
Temirtau with the factory to produce metallurgical silicon to be the next to
be launched. The participants in the meeting also discussed the issues of
small and medium businesses. The region's entrepreneurs have already
received a total of over one billion tenge in loans with 17 new facilities
for small and medium-sized businesses commissioned as well. The same amount
of projects is also being implemented at the moment. Nurlan Nigmatulin
called for more active development of the small and medium-sized businesses
in towns and rural areas adding that the region possesses all the necessary
funds to do it.