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Further development of light industry discussed in Kazakhstan

Kazakhstan Materials 22 October 2014 17:19 (UTC +04:00)

Astana, Kazakhstan, Oct.22

By Daniyar Mukhtarov - Trend:

Kazakhstan's light industry saw annual growth in the first five years of industrialization (2010-2014) despite the difficult situation in the world markets, Chairman of the Committee for industrial development and industrial safety of the country's Ministry of Investment and Development Amaniyaz Erzhanov said.

He made the remarks during a government meeting on Oct.21.

The volume of production increased from 0.3 billion tenge to 2.5 billion tenge in 2010-2013, while this figure reached 3.6 billion tenge in six months of 2014.

"Around 14 new facilities have been commissioned and over 2,500 jobs have been created in this sector since 2010," Erzhanov said.

He said the volume of production in the light industry exceeded 46 billion tenge at current prices as of the first nine months of 2014.

The production of leather from the cattle hide increased by 3.7 times, products made of natural fur -2.1 times, textiles and knitted outer garments - 1.2 times compared to the same period of 2013.

In October, Kazakhstan approved a comprehensive plan for the development of light industry for 2015-2019. Under the plan, it is proposed to increase the volume of raw cotton processing from 5,000 metric tons to 50,000 metric tons per year; increase the processing volume to 50 percent of the annual volume of cattle hide and bring the volume of primary processing of crewel to 15,000 metric tons per year.

In general, the comprehensive plan envisages the improvement of the legal framework and the economic stimulation of light industry enterprises.

The document envisages measures on modernizing the facilities, training of personnel and development of innovations and so on.

Edited by CN

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