Industrial production sees growth in Kazakhstan

Industrial production sees growth in Kazakhstan

The volume of industrial production in Kazakhstan in 2022 grew to nearly 50 trillion tenge, according to the Bureau of National Statistics. The most significant growth was observed in the Akmola, Abai and Zhambyl regions. In terms of sectors, growth was seen in the chemical, light, manufacturing and engineering industries, as well as food production and oil refining. The production of vegetable and animal oils and fats experienced the most substantial increase. It bears noting that in 2021, industrial production in Kazakhstan increased by almost four percent, largely driven by the expansion of the domestic manufacturing sector, which continued to increase production volumes even amid the COVID-19 pandemic.