Kazakhstan records light industry output increase

Kazakhstan Materials 20 February 2023 10:21 (UTC +04:00)
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 20. Kazakhstan’s light industry output increased by 6 percent and reached 178 billion Kazakh tenge ($400.3 million) in 2022, Ayzhan Adilova, Head of the Light Industry Department of the “Atameken” National Chamber of Entrepreneurs, said, Trend reports, citing the press service of the Ministry of Industry and Infrastructural Development.

A growth of 5.3 percent was recorded in textile production, while an increase of 7.8 and 3.7 percent was registered in clothing and leather production respectively.

Adilova said that currently, some 1,420 enterprises are operating in the field of light industry. She added that around 30,000 people are employed by these businesses.

Enterprises processing cotton, wool, hides, and skins will be prioritized for development in the near future, according to the speaker. According to Adilova, relevant authorities should consider the possibility to introduce subsidies to the light industry.

Kazakhstan is actively developing several fields of economy, including light and heavy industries, agriculture, and green energy among others. The Central Asian nation aims to attract more foreign investments, boost production output and increase exports. The light industry is one of the priority areas of the government, due to its significant growth potential in the next years.