News by tag - Economy

Agreement for construction of $1.5bn copper smelter signed in Kazakhstan Government 

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov and Chairman of the Board of Directors of China Nonferrous Metal Mining Co. Ltd. Xi Zhengping discussed cooperation in the copper industry. 

Olzhas Bektenov discusses largest in Kazakhstan greenhouse construction with ECO-Culture Holding head Alexander Rudakov

Prime Minister of Kazakhstan Olzhas Bektenov discussed with CEO of Agro-Industrial Holding Company ECO-Culture Alexander Rudakov cooperation in the field of agriculture. On the agenda - joint projects to ensure agro-food security.

Olzhas Bektenov: We need to produce non-resource goods of high processing. Diversification of economy to increase

On the instructions of the Head of State, the Government has identified a list of key major projects in the manufacturing sector to create high value-added clusters.

Prime Minister instructs state bodies to provide all conditions for new technologies to be introduced into production

Development of the manufacturing industry of Kazakhstan considered at the Government session chaired by Prime Minister Olzhas Bektenov.

Kazakhstan-Malaysia Investment Roundtable: agreements on joint projects signed

The Head of the Government of Kazakhstan Olzhas Bektenov and Prime Minister of Malaysia Anwar Ibrahim held in Astana Kazakhstan-Malaysian investment round table with the participation of representatives of business communities and academia of the two countries. 

Production expansion, new projects and business conditions: Prime Minister instructs to take comprehensive measures for single-industry towns development

Prospects for the development of single-industry towns in Kazakhstan considered at a Government session chaired by Prime Minister of Kazakhstan Olzhas Bektenov.

Improving rural population's quality of life: 1.4 thousand new projects and 2.5-fold increase in budget revenues

Almost 40% of the country's population live in 6256 rural settlements. This is 7.6 million people. The share of rural population with incomes below the subsistence minimum is 7.2%, and the unemployment rate is 4.7%, self-employed - 33% or 1.2 million people. Such data were announced at the Government session by Deputy Prime Minister – Minister of National Economy Nurlan Baybazarov. 

Olzhas Bektenov and EDB head Nikolai Podguzov discuss joint implementation of infrastructure projects

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with the Chairman of the Board of the Eurasian Development Bank Nikolai Podguzov on the prospects for further expansion of investment cooperation. 

Production in machine-building grows by 23% – Baibazarov

Manufacturing industry is developing at an accelerated pace in Kazakhstan: the volume of production for two months increased by 7.4%. This was announced by Deputy Prime Minister – Minister of National Economy Nurlan Baibazarov at the Government session, where the results of socio-economic development of the country and implementation of the national budget for January-February were considered. 

Kazakhstan's economy growth for January-February 4.2%

The results of socio-economic development of Kazakhstan and the implementation of the national budget for January-February were considered at the Government session.

Unified benefits package for investors proposed to be introduced as part of new Tax Code of Kazakhstan

Deputy Prime Minister – Minister of National Economy Nurlan Baybazarov reported on the current measures to support and stimulate investment, as well as further plans to improve them at the Government session. 

Olzhas Bektenov instructs to simplify investment project launch procedures

The issue of effectiveness of measures to support and stimulate investment was considered at the Government session chaired by the Prime Minister of the Republic of Kazakhstan Olzhas Bektenov. 

Olzhas Bektenov instructs to review Baiterek's policy in terms of supporting domestic producers

The meeting of the Board of Directors of JSC "National Management Holding "Baiterek" was held under the chairmanship of the Prime Minister of the Republic of Kazakhstan Olzhas Bektenov.

Olzhas Bektenov discusses prospects for bringing production facilities to full capacity with West-Kazakhstan entrepreneurs

During a working trip to West Kazakhstan region Prime Minister of Kazakhstan Olzhas Bektenov visited a number of industrial enterprises.

Savings to be used for economic growth — Olzhas Bektenov on cutting unproductive budget expenditures

Progress in implementing the instructions given by Prime Minister of Kazakhstan Olzhas Bektenov at a meeting on 9 February, reviewed at the Government session.

Baibazarov: Acceleration of economic growth to 6% rates achievable goal

At the Government session, where the results of socio-economic development of Kazakhstan for January 2024 were announced, Deputy Prime Minister - Minister of National Economy of Kazakhstan Nurlan Baybazarov spoke about the main reserves that can provide additional contribution to GDP growth.