Kazakhstan, Astana, September 21/ Trend D.Mukhtarov /
Over 90 per cent of new enterprises constructed within the Industrialization Map in Kazakhstan managed to recoup the investments made in them, the Deputy Chairman of the Investment Committee of Kazakh Ministry of Industry and New Technologies Sergey Karplyuk said while speaking at the governmental conference call under the chairmanship of Prime Minister, the Minister of Industry and New Technologies Asset Issekeshev on Friday.
"Some 563 projects have been launched in the republic since 2010. Over 90 per cent of them were launched through private investments. The new enterprises have produced about 2.1 trillion tenge worth of products (152.97 tenge = $1). This is as much as was spent on their implementation," he said.
The Deputy Chairman said that some 446 (79 per cent) of 563 launched projects work in accordance to the plan and some 15 projects (three per cent) are problem projects.
According to him, the new plants produced about 615.7 billion tenge worth of products only within seven month of 2013. The share of Industrialization Map projects has increased from 5.6 per cent to 6 per cent in the industry and from 7.6 per cent to 9.4 per cent in processing industry compared to the same period of 2012.
However, some 15 (or 3 per cent) of 563 launched projects are problem projects. They were revealed in Aktobe, Almaty, Zhambyl, Karaganda, Kyzylorda, South Kazakhstan and Mangistau provinces of the country.
"Three per cent of problem projects is a normal practice for a market economy. Around 1,000 enterprises go bankrupt every day in the world," Karplyuk said.
He said that basically, all these problem projects belong to the first wave, in other words, they were launched before the start of State Program of Forced Industrial-Innovative Development.