Kazakh Prime Minister pays working visit to Ulytau region

Kazakh Prime Minister pays working visit to Ulytau region

The industrial growth rate of seven percent has been observed in the Ulytau region, ranking fourth in Kazakhstan based on the indicator. During his working trip to the region, the country’s Prime Minister Olzhas Bektenov instructed government agencies and businesses to maintain this momentum and utilize the available reserves. Bektenov visited the Zhylandy mine, where he was briefed on work carried out by Kazakhmys company to enhance domestic value. Over the past six months, the corporation has purchased goods, works, and services from domestic suppliers worth 93 billion tenge. Additionally, offtake contracts with local enterprises have been signed for nearly 28 billion tenge.

«In his state-of-the-nation address to Kazakh citizens, President Tokayev emphasized the importance of developing the country’s mining and metallurgical complex. Among the priority tasks is the encouragement of private enterprises to invest in geological exploration, where it is essential to note the available reserves for further growth. At the same time, we are witnessing fundamental shifts in the global economy, with the technological race gaining momentum and competition for resources intensifying. Thus, we need to make every effort to increase raw material reserves for our manufacturing industries,» Bektenov said.