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48 memorandums worth over 15 billion tenge signed at Industrial Forum in Astana

03 july 2012, 15:12
0
Albert Rau. Photo by Danial Okassov©
Albert Rau. Photo by Danial Okassov©
48 memorandums worth over 15 billion tenge ($102 million) have been signed at the Industrial Forum in Astana, Tengrinews.kz reports citing Vice-Minister of Industry and New Technologies Albert Rau as saying during the signing ceremony.

"Around 50 contracts and memorandums worth over 15 billion tenge will be signed today, on the Industrialization Day," Rau said prior to the signing ceremony.

The customers include such major Kazakhstan companies as KEGOC, KazakhtTelecom, Kazakhstan Temir Zholy, Kazakhstan Engineering, etc. For example, Intergas Central Asia signed 8 contracts with local producers, such as KazNefteGasMash, Munaigas Insulation, Ust-Kamenogorsk valve plant, KazNefteGasProm and others.

He says that the agreements between the companies have been signed during the fair of the forum Kazakh Content-2012 that coincides with the Industrialization Day. The exhibition is held at the Water-Green Boulevard in Astana. It is participated by 240 local companies. It also includes the fair of agricultural goods, "so that Astana citizens and guests could see the achievements of our industrial companies", Vice-Minister said.

Albert Rau notes that such events were held in every region of Kazakhstan. "Similar events were held in every region prior to the Industrialization Day to demonstrate the achievements of our regional projects and support of the local manufacturers," he added.

He also stresses that over 100 types of commodities that have never been produced in Kazakhstan before have been produced as part of the State Program of Accelerated Industrial-Innovative Development. Special attention was given to engineering. "Provision of the sustainable demand is very important for development of new commodities and opening new companies. This is especially critical for such sectors as engineering, light industry, pharmaceutics and almost for all industries, especially for those with high import dependence and, first of all, of course, engineering. 40 percent of our whole import is made of engineering commodities. That's why the implemented projects are quite competitive and have a good export potential," Rau said.


By Aidana Ussupova

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