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Thursday, November 14th, 2019

Interim results of the Industrial-Innovative Development State Program: More than one hundred thousand jobs created

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The processing industry was the main driver of growth in industry. This was reported by First Deputy Minister of Investments and Development Alik Aydarbayev during today’s briefing at the Government press center.

The speaker notes that based on the results of this year’s first 7 months, the real growth of production at processing sector enterprises amounted to 6.3% compared to January-July 2016. Labor productivity in processing in the first quarter of 2017 increased 5.3% and amounted to 11.8 thousand USD. The volume of exports in the processing industry in January-May 2017 was 6.2 billion USD, having increased 27.8 % compared to the previous year.

Since the beginning of the second five-year industrialization plan (2015-2016), 258 projects were put into operation amounting to 1.7 trillion tenge, 21 thousand permanent jobs were created, including 32 projects amounting to 489.8 billion tenge (creating 3.9 thousand jobs) since the beginning of 2017, � A. Aydarbayev said.

In total, during the years of the industrialization program, 1060 projects were implemented amounting to 5.1 trillion tenge; more than 100.2 thousand permanent jobs were created.

By the end of the year, more than 100 projects are planned to be put into operation, amounting to 1 trillion tenge and creating 10 thousand permanent jobs.

Alik Aydarbayev noted that 40 projects will be implemented with the participation of foreign investors. Among the projects, he singled out Prommashkomplekt LLP, Giessenhaus LLP, Marevan Food LLP.

At the same time, in addition to the projects within the Industrialization Map, it is planned to implement more than 100 projects in the Special Economic and Industrial Zones amounting to 280 billion tenge, and to provide new jobs to 6800 people.

2017 gave rise to an increase in exports and an increase in production volumes, thereby laying a solid technological and economic foundation for the Third Modernization of Kazakhstan, � A. Aydarbayev concluded.

Source: Government of the Republic of Kazakhstan

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