Prime Minister holds meeting of Interdepartmental Commission on import substitution and export promotion
The Deputy Prime Minister Roman Sklyar and the Chairman of the board of the Atameken NCE Ablay Myrzakhmetov made reports on ongoing work to develop the sectors of the Economy of simple things, local content and import substitution.
As of January 31, 2020, 993 projects (agro-industrial complex – 700, manufacturing sector – 210, processing of agro-industrial complex – 83) in the amount of 236 billion tenge were approved under the soft lending program of the Economy of simple things. Second-tier banks are considering 295 projects worth 201 billion tenge. Thus, development is forecasted for a total amount of 437 billion tenge, which is 72.7%.
The volume of regulated purchases from domestic producers in the light industry for the second half of 2019, compared with the first half of the year, increased by 58%, and the furniture industry – by 72%. The measures taken had a positive effect on the macro-indicators of industries. For example, according to the results of the year, the volume of production in the light industry grew by 7%, investment in fixed assets – by 18.7%.
One of the effective tools to support the development of production this year will be the mechanism of off-take contracts between the quasi-public sector and domestic product developers.
362 goods with import substitution potential in the amount of 3.9 trillion tenge were grouped and selected in the regulated procurement by the project office. Today, together with the business community, the development of more than 70 import substitution projects for 198.6 billion tenge has begun.
The largest number of projects is presented in Turkestan, Aktobe, Kyzylorda, Karaganda, East Kazakhstan, and Pavlodar regions. Nur-Sultan and Almaty, Atyrau and Mangystau regions did not submit projects for years.
The meeting participants considered several specific projects on import substitution in the woodworking, furniture, chemical, textile, shoe, and other fields.
The experts discussed the course of work on the development of the Industry information system, which will make it possible to conduct on-site monitoring of businesses receiving state support.
Prime Minister Askar Mamin instructed to continue active work on import substitution and export promotion.
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