19 January 2012 | 14:46

389 new production facilities opened in Kazakhstan in 2 years

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Photo courtesy of ibt.uz Photo courtesy of ibt.uz

389 new production facilities and 90 thousand jobs have been created in Kazakhstan in two years of implementation of the industrialization program, Kazakhstan Prime-Minister Karim Massimov’s website writes. The companies have already produced goods worth over $2.5 billion. Around 100 business-support tools have been developed under the program of development of the priority sectors of Kazakhstan (Efficiency-2020, Investor-2020, Export-2020, Business Roadmap-2020). Industrialization Map includes 609 projects worth over 9.6 trillion tenge ($64.8 billion). “Thanks to the State Program of Accelerated Industrial-Innovative Development, the country made a big breakthrough. The plan was to ensure GDP growth of up to 23 trillion tenge by 2015, but in the end of 2012 it made 26 trillion tenge,” the PM’s website writes. Metallurgy is another sector actively developing in Kazakhstan. Half of the whole production volume of the processing industry falls to metallurgy. The plants started producing 1.5 times more than in 1990s. In the period from January to November 2011 production of high-technology commodities grew over 7 percent compared to the same period of last year.

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389 new production facilities and 90 thousand jobs have been created in Kazakhstan in two years of implementation of the industrialization program, Kazakhstan Prime-Minister Karim Massimov’s website writes. The companies have already produced goods worth over $2.5 billion. Around 100 business-support tools have been developed under the program of development of the priority sectors of Kazakhstan (Efficiency-2020, Investor-2020, Export-2020, Business Roadmap-2020). Industrialization Map includes 609 projects worth over 9.6 trillion tenge ($64.8 billion). “Thanks to the State Program of Accelerated Industrial-Innovative Development, the country made a big breakthrough. The plan was to ensure GDP growth of up to 23 trillion tenge by 2015, but in the end of 2012 it made 26 trillion tenge,” the PM’s website writes. Metallurgy is another sector actively developing in Kazakhstan. Half of the whole production volume of the processing industry falls to metallurgy. The plants started producing 1.5 times more than in 1990s. In the period from January to November 2011 production of high-technology commodities grew over 7 percent compared to the same period of last year.
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