Kazakhstan to launch 200 new industrial plants worth 1.7 trillion tenge

Kazakhstan plans to launch about 200 new industrial enterprises this year, with total project costs of around 1.7 trillion tenge, First Deputy Prime Minister Nurlybek Nalibayev said.

In the first nine months, manufacturing grew 8.6%, and output exceeded 24 trillion tenge. The most notable growth was recorded in machinery, the chemical industry and pharmaceuticals.

Nalibayev said one of the main tasks is to reduce dependence on imports and increase domestic output. The state intends to support projects with high economic impact. New enterprises will be selected based on product demand, the load on existing production and resource availability. The plan also includes developing industrial clusters that link large enterprises with small and medium-sized businesses in a single production chain.