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Nazarbayev: Kazakhstan’s industrialization hasn’t yet brought economic diversification

Business Materials 16 October 2017 22:20 (UTC +04:00)
President of Kazakhstan Nursultan Nazarbayev met with the Minister of Investment and Development of Kazakhstan Zhenis Kasymbek.
Nazarbayev: Kazakhstan’s industrialization hasn’t yet brought economic diversification

Baku, Azerbaijan, Oct. 16

By Ali Mustafayev – Trend:

President of Kazakhstan Nursultan Nazarbayev met with the Minister of Investment and Development of Kazakhstan Zhenis Kasymbek.

They talked on importance and results of implementation of state programs assigned to the Ministry of Investment and Development, the press service of the Kazakh president said in a message.

Kazakh president also drew attention to the Nurly Zhol infrastructure program.

“Construction and reconstruction of 5,000-km roads throughout the country have been finalized since 2010,” said Nazarbayev.

“Currently, 85 percent of the country’s roads are in good condition. The roads from Western Europe to Western China, from Astana to Temirtau, and from Almaty to Kapchagai were successfully launched.”

However, talking on industrialization in the country, Nazarbayev noted that the state program on industrialization has not yet ensured the diversification of the country's economy and there is still a lot of work to be done in this area.

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