ASTANA, Kazakhstan, April 24. Over the past five years, the share of Kazakhstan's engineering (machine-building) sector in manufacturing has risen from 13 percent to 19 percent, with production volume reaching 4.6 trillion tenge (approximately $8.74 billion) last year, Trend reports.
This was stated by Prime Minister of Kazakhstan Olzhas Bektenov, who participated in the 12th Forum of Machine Builders of Kazakhstan. He reviewed the achievements of industry leaders at the 6th International Specialized Exhibition for Mechanical Engineering and Metalworking.
At the forum’s opening, the prime minister delivered a welcome address on behalf of President Kassym-Jomart Tokayev. Special attention was given to the role of mechanical engineering in the sustainable economic growth of the country.
“New types of products have been introduced, and exports have significantly increased. New companies producing agricultural machinery, buses, and passenger and cargo vehicles have entered the market. This year, high-tech enterprises from leading global companies will launch operations in Kazakhstan. All of this is the result of systematic government measures to support domestic production,” said Bektenov.
According to him, in order to further develop the machine-building industry, it is necessary to increase the share of local production and widely implement advanced technologies, including artificial intelligence. In addition, it is important to create comfortable and safe working conditions for employees and to pay proper attention to the training and professional development of qualified specialists.
“In times of economic volatility, new opportunities emerge for the development of promising industries and sectors. I am confident that the country's machine-building sector will be able to fully realize its potential and give new momentum to the prosperity of our entire economy,” Bektenov added.
As a result of 2024, the production volume in the machine-building industry increased by 10 percent. In the first quarter of this year, this figure exceeded 17 percent, confirming the sector's high potential and the effectiveness of the measures being implemented.
