Kazakhstan Utilizes Recovered Funds to Enhance Water Distribution Infrastructure
Unleashing Restorative Power: Kazakhstan's Commendable Efforts in Socially Significant Projects
ASTANA's Special State Fund has smartly channelled recovered ill-gotten gains to revamp water supply systems in Kosshy and Makinsk, Akmola Region. According to the Prime Minister's press service, this change took place on April 28 [1].
A grand ceremony involving the burial of a time capsule served as the initiative's opening act. The event was beautifully documented by gov.kz. Check out the intricate map for a better perspective (Credit: The Astana Times) [1]
In Kosshy, a whopping 476.7 million tenge (approximately US$926,501) has been earmarked to conclude the city's water supply system revolution. The end goal? Eradicating water scarcity for more than 50,000 residents, a number expected to surge past 150,000 by 2038.
Makinsk, on the other hand, will witness the completion of its water infrastructure, ensuring uninterrupted access for over 18,000 residents [1].
Furthermore, a time capsule ceremony inaugurated the construction of an arts music school in the picturesque village of Temirlan, Ordabasy District, Turkistan Region. This initiative falls under the first wave of government-approved social projects following President Kassym-Jomart Tokayev's mandate to divert returned capital into projects benefiting citizens [1].
Historically, a music school in Temirlan, erected in 1974, sadly fell apart. The revamped school, valued at 890 million tenge (approximately US$1.7 million), will accommodate 300 students, catering to neighbouring villages' students [1].
To date, Kazakhstan has successfully recuperated roughly 610 billion tenge (US$1.1 billion) in unlawful assets, encompassing 506 billion tenge (US$983.4 million) in cash and 103 billion tenge (US$200.1 million) in property [1].
In line with President Tokayev's instructions, the government has designated these funds to upgrading 280 social amenities in education, healthcare, sports, and public utilities modernization [1].
While specific education and sports allocations are absent from the search results, the application of recovered assets in healthcare and public utilities indicates Kazakhstan's commendable focus on bettering social infrastructure [2]. Healthcare advancements include the construction of new medical facilities, such as a 228 million tenge (US$452,761) investment in medical infrastructure in the Pavlodar Region [2]. Public utilities updates have also taken shape in the form of water supply system enhancements in the Aralsk district of the Kyzylorda Region [2].
In essence, while explicit details for education and sports aren't outlined in the search results, the deployment of recovered assets in healthcare and public utilities underscores Kazakhstan's dedication to advancing social and infrastructure development.
Sources:
[1] Gov.kz
[2] Enrichment Data - Global Information Network
- The Special State Fund of Astana, having recovered ill-gotten gains, has allocated a significant amount for the improvement of water utilities in education-and-self-development projects, such as the renovation of the water supply system in Kosshy, aiming to eradicate water scarcity for over 50,000 residents.
- The commemorative burial of a time capsule marked the beginning of the construction of a ceremonial arts music school in Temirlan, Ordabasy District, Turkistan Region, which will be funded by recovered ill-gotten assets, as part of the general news of President Kassym-Jomart Tokayev's mandate to support citizens through social projects.
- In light of President Tokayev's instructions, the government has utilized recovered assets to upgrade various social amenities, including healthcare facilities and public utilities, such as water infrastructure in the Aralsk district, demonstrating Kazakhstan's commitment to improving education, self-development, and social infrastructure.
