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Kazakhstan formed its industrial policy

Business Materials 10 June 2011 13:58 (UTC +04:00)
Kazakhstan has formed its industrial policy, said First Vice-Minister of Industry and New Technologies Albert Rau at the conference on Kazakhstan's economic success over the years of independence.
Kazakhstan formed its industrial policy

Kazakhstan has formed its industrial policy, said First Vice-Minister of Industry and New Technologies Albert Rau at the conference on Kazakhstan's economic success over the years of independence, Kazinform reported.

"The first results of the state program on accelerated industrial innovative development are promising and encouraging", he said. "The pace of growth in the manufacturing industry is higher than in the extracting industry".

Upon the results of 2010 the share of manufacturing sector increased to nearly 12 percent, labor productivity in the manufacturing sector also increased, almost 1.5 times, the minister presented the figures.

He informed of the planned launch of 200 new production facilities totaling KZT 730 billion this year.

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