İndustry of Kazakhstan’s Aktobe region grows by 5.2%
Baku, Azerbaijan, Oct.5
By Rashid Shirinov – Trend:
The industry of Kazakhstan’s Aktobe region has predictably grown by 5.2 percent and products worth more than 1.3 trillion tenge have been produced for 9 months of this year.
This was stated at a meeting of the region’s administration, where the preliminary results of the socio-economic development of Aktobe region for January-September this year were considered, according to Kapital.kz.
“According to the results of the third quarter, a positive trend is expected in all major indicators of socio-economic development,” said the head of economy and budget planning department Gulkasima Suentayeva.
The gross agricultural output is projected to reach 167.6 billion tenge during the reporting period, which is 4.4 percent more than in January-September 2017.
According to preliminary estimates, over 9 months of this year more than 318 billion tenge were attracted to the economy of the Aktobe region.
"The main task is to use our reserves and potential to maintain the momentum and ensure the execution of the president's instructions to maintain the growth rate of the regional economy at the level of at least 5 percent," governor of the region Berdibek Saparbayev said.
He also instructed the energy and utilities management to keep coal pricing under strict control and to prevent unreasonably high trade margin.
"The margin per ton of coal is 5,000 tenge. Suppliers do not have such expenses to set such prices," Saparbayev instructed.
Aktobe is a large industrial region of Kazakhstan. The basis of its industrial sector is the mining and chemical industry as well as ferrous metallurgy.
The population of Aktobe is also engaged in agriculture – there are more than 4,000 farms, where mainly cereals, potatoes and other vegetables are grown.