Roman Sklyar on industrial development and measures for growth of domestic production

The manufacturing industry accounts for more than 12 percent of Kazakhstan’s economy, on par with the share of the mining and metallurgical complex. Among the enterprises demonstrating a high level of technological growth are the Almaty fan and the Kentau transformer plants, whose products are fully compliant with international standards. In a series of interviews about the country’s socio-economic development and the ongoing work to implement instructions given by President Kassym-Jomart Tokayev, First Deputy Prime Minister Roman Sklyar spoke about further diversification of the economy and ensuring growth in the manufacturing sector. According to him, there are similar enterprises in other regions.

However, not only the development of the manufacturing industry but also single-industry towns are changing the country’s economic situation. One such town is Ekibastuz, which currently produces 72 percent of the country’s railway engineering products. The largest ferroalloy plant will also begin operations in the city in June. Besides, local production in Saran is set to produce one million of the latest tires this year. Kostanai can be proud of the world’s most modern cast iron plant, Sklyar noted.

«The manufacturing industry is a top priority. We will continue to work in this direction by actively increasing the share of local content, attracting investments, and others. This will allow us to fulfill the main task of creating high-performance, well-paid jobs for our young people. Thus, a whole locomotive will be formed, entailing the promotion of export potential, import substitution, and taxes to the budget, which are paid by enterprises,» Sklyar said.