.Kazakhstan's economy to grow by 150% by 2020 - Nazarbayev.

28/6 Tass 194

ASTANA, June 28 (Itar-Tass) - Kazakhstan's President Nursultan
Nazarbayev believes that his country's economy will grow by 150 percent by
2020.
"By 2020 labour productivity in industry will grow by 1.8 times, while
labour productivity in agriculture - by two-fold. This means that we rely
not only on our subsoil resources and raw-based materials, but that we are
creating an alternative economy," he told the teleconference "We will
build strong Kazakhstan together!"
During the teleconference the country's authorities inform Kazakh
citizens on the start of industrial and innovative development program and
the launch of new industrial facilities.
"At present, I got the report on the launch of 72 facilities worth
$2.5 billion. This year and next year we plan to launch a total of 191
facilities worth $20 billion," Nazarbayev said adding that necessary funds
had been earmarked for the purpose.
The president called on Kazakh citizens to pool efforts "to fulfil
this huge task that will make Kazakhstan a new country with new economy,
industrial and innovative, this is what we need to enter the top 50
competitive countries of the world."
Nazarbayev said the construction of a 2,640MW Balkhash thermal power
plant began. The first and second power generating units are expected to
be commissioned in 2013 and the third and fourth units - in 2016.
-0-isk/usn


Delete & Prev | Delete & Next