Bakytzhan Sagintayev got acquinted with work of largest plant for production of equipment for oil and gas industry in CIS
Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev got acquainted with manufactured products and production capacities of the plant. Prime Minister was informed about the modernization of production, current results and tasks for the future.
Ust-Kamenogorsk reinforcement plant was founded in 1975 and is the largest producer of stop pipeline valves for pipelines in the Republic of Kazakhstan, and the third largest in the CIS.
The full cycle plant produces high-tech equipment intended for controlling oil, gas, steam and water flows, which undergoes multistage quality control. The main consumers of the plant’s products are the largest Kazakhstani and foreign companies. The company employs about 600 people.
A new operating model of economic growth, outlined by the President of the Republic of Kazakhstan in the Message “The Third Modernization of Kazakhstan: Global Competitiveness”, lies the technological re-equipment of the basic branches of the economy, in this connection the modernization carried out at the enterprise is especially relevant and timely.
Source: The Prime Minister of Kazakhstan