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Wednesday, January 23rd, 2019

Number of people employed in manufacturing industry grew by 45.1 thousand – Ministry of Industry and Infrastructure Development

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by December 29, 2018 Medical

Labor productivity is the most important factor in a country’s competitiveness. Minister of Industry and Infrastructure Development Zhenis Kassymbek reported that in the main supervised sectors of the economy for the first half of 2018 compared to the same period of 2017, there is a positive trend. In transport, the figure was 3.1%, in construction � 9.3%, in industry the figure increased by 4.3%.

In industries,there is a growth in the mining industry (by 9.1%), in water supply (by 3.3%). The labor productivity index in the manufacturing industry was 98.2%. In machine building, productivity increased by 11.5%, in chemical industry � by 9.2%, in light industry � by 1.6%, said Kassymbek.

According to the results of the first half of 2018, the number of employed increased by 45.1 thousand people or by 8.9% compared to the same period of 2017 (from 505.5 to 550.6 thousand people � excluding self-employed).

In his report, the minister noted that in order to increase labor productivity in the industry further, it is necessary to strengthen work in the regions. This stimulates enterprises to invest in modernization through the development of financial support instruments, including an increase in the volume and availability of long-term financing, as well as stricter requirements for projects that receive state support in terms of the use of advanced equipment and technologies. In addition, according to Kassymbek, it is important to continue the implementation of the planned measures to digitize the industry, including in terms of raising technological requirements and standards for enterprises.

In general, the issues of increasing labor productivity are taken into account when developing the Concept of Industrial-Innovative Development of Kazakhstan for 2020-2025. Thus, labor productivity is determined as one of the key indicators of the Third Industrialization Program.

Akims of the Almaty region A. Batalov, Aktobe region � B. Saparbayev, East Kazakhstan � D. Akhmetov, North Kazakhstan � K. Aksakalov, Zhambyl � A. Myrzakhmetov, Astana city � B. Sultanov, the first Deputy Akim of Atyrau region S. Shapkenov.

Following the consideration of the issue, Prime Minister Bakytzhan Sagintayev noted that speaking at the Industrialization Day, the Head of State gave instructions for periodically rating the regions in order to increase labor productivity in industry. The given specific task must be completed.

Source: The Prime Minister of Kazakhstan

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