Nazarbayev: Stop daydreaming, people need simple things

11 December, 2018, 18:08 594
Nazarbayev: Stop daydreaming, people need simple things

The Kazakh President urged to develop the economy of simple things. 

The President of Kazakhstan has concluded the 2nd five-year industrialization plan, Bnews.kz correspondent reports. Over the years of industrialization, 1250 new enterprises have been built, including over 100 in the present year. A total of over 300 thousand jobs have been created.

"1.5 million people are able to earn owing to these enterprises. Today 110 countries consume our products. The key markets are, of course, China, Russia, the Central Asian states, the European Union. Over the last years, we have begun to output over 500 items of products, previously never produced in Kazakhstan and export 50 new items," said the Head of State during the nationwide telebridge. 

He has noted that the output volume in the processing sector has seen over a 3-fold increase over 7 years since 2009, and it reached around 9.5 trillion tenge in 2017. 

"One should say that these are decent achievements of our work. The share of the processing sector in the entire industry has increased from 36% to 42%, and exports of the processing industry - from 28% to 32% in the total volume of exports. It was difficult to think about it in the past. We started to work in this direction as we should. A fourth of all foreign investment flows to the processing industry, that is over 5 billion dollars. Now external foreign businesses take advantage of our actions," said Nazarbayev.  

The President has noted that the volume of the final products from the domestic metallurgy has doubled down - up to 1 million 100 thousand this year. However, it is time to increase domestic production.  

"We lack our own domestic appliances, we import clothes that we can make in Kazakhstan. Businesses and Atameken should pay their attention to it. Our minds are elsewhere when people need simple things. We should build plants, manufacture vehicles. All of us like wearing imported expensive dresses. I am well aware that our light industry manufactures nice goods, however, we fail to use domestic goods," said the Head of State.