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Kazakhstan increases processing industry production by 106.7 percent in Jan-Nov

Business Materials 22 December 2011 17:40 (UTC +04:00)

Azerbaijan, Baku, Dec. 22 / Trend E. Kosolapova/

Kazakhstan increased processing industry production by 106.7 percent in Jan-Nov compared to the same period of 2010, Kazakh Prime Minister' press-service reported.

Processing industry products worth 4.2 billion tenge ($28 billion) were manufactured in Kazakhstan in this period.

"The growth rates of processing industry have essentially increased ...due to implementation of the State Forced Insures-Innovative Development Program of Kazakhstan," the statement said.

The export volume of the Kazakh processing industry makes up $21 billion. Kazakhstan exports processing industry product to 126 countries.

Output in the processing industry most of all increased in the chemical industry, machine building, non-metal mineral products, ferrous and nonferrous metallurgy.

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