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Kazakhstan names priority spheres of economy till 2020

Business Materials 19 July 2016 19:06 (UTC +04:00)
Kazakhstan will give priority to eight export-oriented sectors in five spheres as part of the second five-year plan of industrialization (2015-2019), said the country’s Minister of Investment and Development Jenis Kasymbek.
Kazakhstan names priority spheres of economy till 2020

Baku, Azerbaijan, July 19
By Elena Kosolapova - Trend:

Kazakhstan will give priority to eight export-oriented sectors in five spheres as part of the second five-year plan of industrialization (2015-2019), said the country’s Minister of Investment and Development Jenis Kasymbek.

He made the remarks during a government meeting July 19.

The minister pointed out that these sectors include ferrous and nonferrous metallurgy, oil refining, petrochemicals and agrochemicals, food production, automotive and electrical engineering.

Additional support instruments such as infrastructure for concrete projects, long-term leasing and lending through the Development Bank of Kazakhstan will be offered for these sectors.

Earlier, as part of the second five-year plan of industrialization, it was planned to give priority to the development of 14 sectors in six spheres.

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