Kazakhstan to produce nearly 500 new drug names under eight investment projects

Kazakhstan to produce nearly 500 new drug names under eight investment projects
Photo: Khabar 24

The Kazakh government approved a draft National Plan to implement the President's Address. The plan includes 96 measures across 12 areas of socio-economic development, with a particular focus on infrastructure. About 6.5 trillion tenge from the National Fund is planned for social and infrastructure projects.

In healthcare, eight investment projects will launch the production of about 500 drug names, with the first 300 preparations to begin production by 2030. Total investment exceeds $860 million, and the projects are expected to create more than 1,200 jobs. Health Minister Akmaral Alnazarova said procurement of free prescription drugs started three months ahead of schedule, with over 84% of the planned volume already purchased and a target of 95% by year-end.

Prime Minister Olzhas Bektenov said approving the plan is only the start, and the government will monitor the implementation of every item. National Economy Minister Serik Zhumangarin said a Medium Entrepreneurship Development Plan will be approved next year.

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This story was automatically summarised and translated from Khabar 24. All rights to the story belong to its source.

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