24.10.2024, 17:09 13956

Olzhas Bektenov holds Board of Directors meeting of Samruk-Kazyna: We continue to increase Kazcontent share

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting of the Board of Directors of National Welfare Fund Samruk-Kazyna, primeminister.kz reports.

Listened to the report of the Chairman of the Board of the Fund Nurlan Zhakupov on the implementation of 44 major investment projects in the oil and gas, petrochemical, energy, transport and logistics and mining sectors for a total amount of 28.8 trillion tenge. EPC contracts or contracts for construction and installation works have been concluded for 23 projects, including 15 projects where construction and installation works are underway. The rest are at different stages of implementation.

Thus, within the framework of construction of gas infrastructure for Almaty CHPP-2 and CHPP-3, the second string of the main gas pipeline "Almaty-Baiserke-Talgar" was launched in September this year. Works on construction of the main gas pipeline "Taldykorgan-Usharal" are underway. EPC contracts were signed for the projects "Unification of the energy system of Western Kazakhstan with UES of Kazakhstan" and "Expansion of Ekibastuz GRES-2 with installation of power units №3 and №4".

In addition, work has begun on large-scale projects in the field of polyethylene production in the Atyrau region and construction of a combined heat and power plant in Kokshetau.

The project for construction of a petrochemical plant for polyethylene production with a capacity of 1.25 million tonnes per year is being implemented on the instructions of the Head of State and is in line with the country's policy on the development of deep processing. The start of general construction works is scheduled for the 1st quarter of 2025. The EPC contractor, a consortium of Tecnicas Reunidas S.A. (Italy) and Sinopec Engineering Incorporated (PRC) are working on placing orders for long-cycle equipment, and a Kazakh subcontractor has been mobilised to carry out engineering surveys at the site. More than 8 thousand jobs will be created during the construction period.

Special attention is paid to fulfilment of the President's instructions to support domestic producers. Within the framework of the Import Substitution Programme, in the first 9 months of this year, the Fund's organisations concluded more than 200 ofteik-contracts with Kazakh enterprises for the amount of about 115 billion tenge, which is 8 times more than last year's figures. Another 23 contracts for the amount of 100 billion tenge are under consideration.

It was reported at the meeting that since the beginning of this year, 8,917 contracts have been concluded with domestic producers for a total amount of more than 1 trillion tenge. Thus, compared to the same period last year, the volume of purchases from domestic producers has more than doubled.

Prime Minister stressed the need to monitor the fulfilment of the Fund's obligations to purchase domestically produced goods in works and services.

The policy of all possible support of domestic producers gives results. We will continue this work and increase the share of Kazakhstani content. We should strive for greater import substitution at the expense of our domestic resources," Olzhas Bektenov noted.

In addition, the results of research and development work, as well as social responsibility of the Fund were considered. According to ‘Samruk-Kazyna’, since the beginning of the year, 43.6 billion tenge has been directed to provide support measures for more than 500 thousand Kazakhstani people. In particular, 11 sports complexes, 9 inclusion support rooms, table tennis centre in Kyzylorda, rehabilitation centre in Aktobe, creative hub in Petropavlovsk and others were opened.

During the meeting of the Board of Directors a new independent director was introduced - Wong Heng Fein, President of Asia Infrastructure Solutions Singapore. Wong Heng Fein has significant international experience in infrastructure project management and strategic planning, which will further enhance the transparency and efficiency of the Fund's asset management.

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20.12.2024, 10:37 1476

Olzhas Bektenov familiarises himself with metallurgical development and heating season progress in Rudnyi city

Images | primeminister.kz

During his working trip to Kostanay region, Prime Minister Olzhas Bektenov visited Rudnyi city, where he familiarised himself with the development of ferrous metallurgy on the basis of Sokolovsko-Sarbai Mining and Processing Production Association (SSMPA), as well as the progress of the heating period on the example of Rudnyi CHPP, primeminister.kz reports.

Prime Minister was informed about the current results of Sokolovsko-Sarbai Mining and Processing Production Association and plans of ERG company for further development. Today SSMPA JSC is an iron ore giant of mining industry of Kazakhstan. Its production capacity reaches 35 million tonnes of ore, 9 million tonnes of concentrates and 8 million tonnes of pellets per year. In addition to domestic markets, products are exported to Russia and China, where over 9 million tonnes of commercial products worth over 371 billion tenge were shipped in the first 11 months of this year.

Here also General Director of ERG in Kazakhstan Serik Shakhajanov presented to the head of the Government the project on construction of the plant aimed at production of hot briquetted iron (HBI) with the degree of metallisation over 90%. The design capacity of the plant will be 2 million tonnes of HBI per year. The volume of investments exceeds 500 billion tenge and 1.1 thousand jobs will be created. The project is planned to be realised by the end of 2028.

A full-cycle metallurgical cluster is being gradually formed in the region. Prime Minister stressed that the project to build a plant for the production of hot-briquetted iron will be an important step to strengthen the industry and competitiveness of the state. Today also approved a major infrastructure project for the construction of the main gas pipeline from the territory of Aktobe region to the city of Kostanay, which will provide the plant with the necessary volume of gas. The Ministry of Energy together with the regional Akimat have been given instructions to facilitate the construction of the plant.

Olzhas Bektenov also visited Rudnenskaya CHPP, which is part of SSMPA. Vasily Novoselov, director of the enterprise, reported on the modernisation and operation of the power plant. Thus, in preparation for the autumn-winter period the main and auxiliary equipment was repaired. The necessary stock of fuel and materials was formed in the warehouse. In order to reduce the impact on the environment the project of automated system of emission monitoring on chimneys is being implemented, which allows to respond promptly to any changes in the technological process in a round-the-clock mode.

Here also the head of the Government was reported on the progress of the heating season in the region. Deputy Akim of the region Berik Tanzharikov reported that the unified electric power system works in normal mode. In total, there are 4 CHPPs and 3 boiler houses with installed capacity of over 100 Gcal/hour in the region. Over the past 3 years, due to the repair of equipment wear and tear of heat supply networks has been reduced from 57 to 45.7%.

Olzhas Bektenov stressed the importance of timely modernisation of utility infrastructure, which ensures uninterrupted operation of strategically important industrial facilities.

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20.12.2024, 09:34 1676

Development of agro-industrial complex and production of agricultural machinery: Olzhas Bektenov checks fulfilment of Head of State's instructions in Kostanay region

Images | primeminister.kz

Prime Minister of Kazakhstan Olzhas Bektenov is on a working visit to Kostanay region. The key task was to monitor the progress of implementation of instructions of the Head of State, given in the Address to the people of the country "Fair Kazakhstan: law and order, economic growth, social optimism", primeminister.kz reports.

On the example of a number of enterprises of the agro-industrial complex, the head of the Government familiarised himself with the development of agriculture in the region, deepening of processing and the results of measures to support domestic producers.

This year about 175 billion tenge has been allocated to the development of agriculture in the region, which exceeded last year's figure by 1.7 times. Deputy Akim of Kostanay region Arman Abenov reported that 96 investment projects with the creation of more than 2 thousand jobs are planned to be implemented in the agro-industrial complex until 2027. The total amount of investments will amount to 232 billion tenge. At the same time, in order to develop livestock farming, work is underway on the construction of 6 dairy farms, one of which has already been put into operation. In poultry farming it is planned to launch 2 large poultry farms at a total cost of 60 billion tenge, as a result of which it is expected to increase poultry meat production by 62.5 thousand tonnes per year.

On the territory of Aruana 2010 LLP flour production enterprise the Prime Minister was presented a project on construction of a mill complex worth 3 billion tenge, aimed at increasing the volume of supplies to domestic and foreign markets. Today the enterprise provides production output up to 90 thousand tonnes per year. Expansion of the complex will allow to increase the volume of flour production almost 2 times to 170 thousand tonnes. More than 150 new jobs will be created.

Olzhas Bektenov stressed the need to step up the pace of work to increase the output of competitive agricultural products and deepen processing in accordance with the instruction of the Head of State to bring this indicator to 70%. Today Kazakhstan is among the 10 largest wheat and flour exporters in the world. The Akimat of the region has set a task to assist the Aruana-2010 enterprise in increasing the geography of markets for finished products, as well as working out the issue of improving logistics with the expansion of export routes.

On the example of enterprises of food industry the head of the Government familiarised himself with the implementation of measures of state support of domestic producers.

Prime Minister was informed about plans to modernise one of the largest producers of confectionery products Bayan Sulu JSC. Today the factory produces up to 85 thousand tonnes of products annually. The assortment includes more than 300 items, including waffles, marshmallows, marmalade, toffee, caramel, etc. The new complex Confectionery Capital worth more than 14 billion tenge will allow to produce additional 13 thousand tonnes of products per year, 260 new jobs will be created.

Olzhas Bektenov noted the need to strengthen the promotion of domestic brands abroad, including through digital solutions. Currently, Bayan Sulu products are exported to foreign markets in the CIS and Europe.

During the visit to the dairy plant of MILH LLP Prime Minister familiarised himself with the technological features of production. The enterprise produces up to 60 thousand tonnes of finished products per year. Launch of a new cheese production shop worth 7.2 billion tenge and capacity of up to 10 thousand tonnes will allow to produce up to 20 types of products corresponding in quality to world cheese brands. 35 jobs will be created.

Olzhas Bektenov stressed that in accordance with the order of the President, the Government is implementing a set of measures to support the agricultural sector, including by financing new projects in the direction of subsidies and loans to farmers.

On the basis of the enterprise AgromashHolding KZ Prime Minister was shown the results of work on deepening of localisation in the manufacturing industry. The largest manufacturer of agricultural machinery in Kazakhstan provides production of up to 1 thousand combines, 3 thousand tractors, 300 seeders and 200 platform pickers per year. The company co-operates with leading global manufacturers such as CLAAS, Gomselmash, St. Petersburg Tractor Plant, Lovol, AMAZONE, as well as Kazakhstani machine-building plants.

Olzhas Bektenov during the tour of the enterprise paid special attention to the need to increase the localisation of agricultural machinery production in order to support domestic producers. This is necessary for the renewal of the agro-industrial park.

The Government pays special attention to deepening localisation in the manufacturing industry and stands firmly on the position of economic patriotism, the main task of which is to support the domestic commodity producer. For this purpose, the Government has made appropriate amendments to the Rules for subsidising agricultural machinery. Thus, when purchasing domestically produced machinery, the interest rate is subsidised up to 6%. At the same time, the possibility of subsidising imported analogues of machinery produced in Kazakhstan is excluded. At the same time, domestic agricultural machine-building enterprises need not only to increase production volumes, but also to continue the process of modernisation of technical equipment, improving quality in accordance with advanced developments and market needs," Olzhas Bektenov stressed.

The Government has allocated over 100 billion tenge for the preferential leasing programme, which started in 2024. During the year, agrarians purchased 22,000 units of modern equipment, which accounted for 5.5% of the renewal of the agro-industrial fleet.

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19.12.2024, 15:16 57656

Olzhas Bektenov: Time zone decision based on very deep scientific research

Images | primeminister.kz

During his working trip to Kostanay region Prime Minister of Kazakhstan Olzhas Bektenov visited the plants, where meetings with the management and staff of the enterprises were held. Prospects of socio-economic development of the region, building human resources capacity, solving infrastructural problems were discussed, primeminister.kz reports.

Attention was also paid to the issue of a single time zone. According to the speakers, the issue of introducing a single time zone was previously raised by the residents of Kostanay region, as the previous time zone did not correspond to the natural time. Thus, the decision to switch to a single time zone facilitated daily life processes. In this regard, the participants of the meeting spoke in favour of a single time zone.

Prime Minister Olzhas Bektenov in his conversation with residents drew attention to the fact that the positive impact of natural time on the health and well-being of citizens has been scientifically proven. In 2017, a group of American scientists was awarded the Nobel Prize for the study of human circadian rhythms, which confirmed that it is most beneficial for health to live in accordance with natural time. On the basis of this work and other scientific research in 2022 the Barcelona Declaration was adopted, signed by scientists and statesmen from more than 80 countries.

The Head of the Government thanked the residents of Kostanay region and all Kazakhstanis for understanding and support of this important decision.

The decision was made on the basis of very deep scientific research, which was conducted not only in Kazakhstan, but also abroad. In 2017, a group of American scientists was awarded the Nobel Prize for the study of human circadian rhythms. And in this study, scientists proved that it is best and healthier for a person when he lives in his natural time. That is why now progressive countries of the world are striving for transition to the natural time zone. For Kazakhstan, the natural time zone is the one we live in now, UTC+5. Earlier, you know, we were in a different one - UTC+6. At one time, the country was transferred to a time zone that is not natural for us. Now, on the contrary, we have aligned the time to the solar cycles. I realise that the transition to a single time zone can be uncomfortable for some people. The organism gradually gets used to it. This decision has been made. If there are any inconveniences in the regions, we need to work with infrastructure, lighting, organisation of flexible schedules, which is allowed by our labour laws. All these issues will be further resolved," Prime Minister stressed.

During the meeting with the staff of the plant the issues of working conditions and other measures of support in anticipation of the upcoming Year of working professions, announced by the Head of State.

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19.12.2024, 14:23 57446

Olzhas Bektenov checks implementation of President's instructions on industrial development at Kostanay region's industrial zone

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Prime Minister of Kazakhstan Olzhas Bektenov during his working trip to Kostanay region got acquainted with the industrial potential of the region. Fulfilment of the President's instructions, voiced in the Address, on development of high conversion and increasing the level of localisation was checked, primeminister.kz reports.

The Head of the Government was informed that for 11 months of this year the volume of industrial production in Kostanay region reached 2.5 trillion tenge, the share of manufacturing industry exceeded 72%. This year 6 industrial projects worth 124.7 billion tenge were implemented in the region, 1,301 jobs were created.

Olzhas Bektenov familiarised himself with the technological process and the company's plans to build a new plant aimed at the production of steel billets at Caspian Steel QZ. The capacity of the existing plant is 450 thousand tonnes per year. Thus, for 10 months of this year 311.4 thousand tonnes of rolled steel and 10.9 thousand tonnes of scrap metal were produced. The plant's products cover domestic needs and are sold on foreign markets. Since the beginning of the year, 112.6 thousand tonnes of small section rolled steel products worth more than 32 billion tenge have been exported.

The estimated capacity of the new steel billet plant is 1 million tonnes per year. Alexander Kim, director of Caspian Group, said that $650m is planned to be invested in the project. During its operation, the plant will employ 600 people, and another 400 jobs will be created in contractor organisations. It is planned to use electric arc furnaces of the latest generation, which minimise environmental impact within the framework of global transition to ‘green’ economy. It is noted that the implementation of the project will allow localising the production of rebar rolled products with an increase in the domestic content in the final product up to 99%. At the same time, the share of manufacturing industry in the region will increase by 12.3%.

Olzhas Bektenov noted the significance of the investment project and emphasised the need to form a belt of small and medium-sized businesses around large industrial production facilities.

The President has clearly set a task for the Government - to find new sources of economic growth. Each region has its own strengths and we strive to maximise the potential where we will get a concrete increase in the economy of the region, the country and in general in the work to improve the welfare of the people. The path of economic patriotism we have chosen is bearing fruit in the form of new domestic factories and production facilities, which in turn are developing a layer of SMEs around them. All this allows us to increase self-sufficiency of the domestic economy and create productive jobs," Head of the Government said.

Olzhas Bektenov got acquainted with the development of ferrous metallurgy at the plant KamLitKZ which is a key manufacturer of cast iron castings for trucks with a capacity of 45 thousand tonnes of castings per year. The Prime Minister was informed that the main technological process covers the full cycle of production of automotive components and ensures compliance of products with international quality standards. In 2025 it is planned to launch the second plant with capacity of up to 75 thousand products per year, which will apply advanced technologies of precision stamping.

Today, Kostanay region is the country's leader in the machine-building sector. Prime Minister was informed about the pace of development of automobile industry in the region on the territory of the industrial zone, where a plant for production of Kia cars is being built. The total cost of the project is estimated at $200 million, of which about 80% are direct foreign investments. The launch of the enterprise is scheduled for 2025, today the works on the construction of the main production building, the foundation, as well as the installation of steel structures have been completed. Head of the Government was informed about plans to establish paint and varnish production, including all types of polymer coatings, which will ensure a higher level of localisation. The full design capacity of the plant is up to 70 thousand cars annually. The plant's products will be manufactured using the small-assembly method. The production will be equipped with 68 robots. The launch of the plant will create 1.5 thousand new high-paying jobs.

At the site of one of the leading automobile enterprises of Kazakhstan ‘SaryarkaAvtoprom’ Prime Minister inspected production facilities and familiarised himself with the peculiarities of technological processes of car assembly on a full cycle. General Director of the plant Syrym Semeibayev said that in 2024 the volume of output is planned to reach 90 thousand cars. The production line is represented by such brands as JAC, Kia, Chevrolet, Jetour, Hongqi, Skoda.

The plant has a unique ‘Operational Response Centre’, which is an innovative platform combining physical and digital security. One of the key advantages of the centre is the use of teachable artificial intelligence, which allows the system to adapt to changes and introduce new analytical approaches. This is the first such project in Kazakhstan, aimed at increasing labour productivity and creating a comfortable working environment for employees. In addition, it was noted that the car plant is working to deepen localisation. In the industrial zone is under construction Localisation Centre with an area of 30 thousand square metres.

The enterprise pays special attention to the development of technical personnel. For this purpose, specialised areas of industrial training have been organised in all shops: over 1.2 thousand specialists have undergone it for 11 months of this year.

The Head of the Government noted that the expansion of production should be accompanied by parallel work on the training of qualified personnel and attracting young people to the implementation of industrial projects. The effective mechanism is vocational education, as well as the platform of the championship on skills WorldSkills Kazakhstan. Olzhas Bektenov also noted the importance of introducing digital solutions into production processes, aimed at increasing the efficiency of enterprises and the volume of products.

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19.12.2024, 10:22 57241

Olzhas Bektenov discusses Venture Capital Fund launch with international and Kazakhstani experts

Prime Minister Olzhas Bektenov held a meeting with leading experts in venture capital financing, representatives of Kazakhstan's business community and international partners. The central topic of discussion was the creation of the Venture Capital Fund aimed at attracting global capital, developing the startup ecosystem and strengthening Kazakhstan's position as a regional centre of technology and innovation, primeminister.kz reports.

Invited to the dialogue, Ilya Strebulaev, professor at Stanford University and a recognized expert on venture investments, Malika Aubakirova, partner at Andreessen Horowitz, Galym Imanbaev, partner at Lightspeed Venture Partners, and Anna Fokina, investment director at DCVC, shared their own experience in developing innovations. The experts noted that in order to achieve significant progress, it is important for Kazakhstan to strengthen co-operation with the world's leading venture capital funds, which will provide access to advanced technologies and best investment management practices. They emphasised that in order to attract global capital, it is necessary to strengthen the legal infrastructure and create conditions to support startups in the late stages of their development.

Zhaslan Madiyev, Minister of Digital Development, Innovation and Aerospace Industry, noted that Kazakhstan is already a leader in Central Asia, providing more than 70% of all venture capital deals in the region. Over the past 5 years, the volume of venture capital in the country has grown more than 6 times, reaching $ 80 million.

The creation of the fund marks a new stage in the development of the country's venture capital market, aimed at integrating Kazakhstan into the international ecosystem of investment and technology.

The Venture Capital Fund aims to attract $1bn of private investment in the medium term, which will be channelled into leading global, regional and Kazakhstani venture capital funds. This will ensure effective diversification, maximising access to global competencies and critical technologies needed to transform the economy. To date, applications have been collected from representatives of large Kazakhstani businesses for more than $100 million to form the start-up capital of the fund.

Special attention in the work of the fund will be paid to promising areas, including artificial intelligence, digital health and other key technology sectors. According to forecasts, by 2030 the global market of artificial intelligence will grow to $827 billion, which makes this area one of the priority areas for investment.

Prime Minister Olzhas Bektenov emphasised that the creation of the Venture Capital Fund will not only open access to advanced technologies, but will also strengthen Kazakhstan's position as an international hub for startups and technologies.

As President Kassym-Jomart Tokayev noted, we are building an economy based on knowledge and innovation. Today, the IT sector is actively developing in Kazakhstan, exports of digital services are increasing, and young specialists are becoming in demand both inside and outside the country. Our key task is to create conditions for retaining our own and attracting new talent, to support startups at all stages of their development and attract global competences to Kazakhstan," Olzhas Bektenov said.

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18.12.2024, 10:09 53266

Kazakhstan Handed Over CICA Chairmanship to Azerbaijan

Images | Kazakh MFA

Republic of Kazakhstan officially handed over the chairmanship in the Conference on Interaction and Confidence Building Measures in Asia (CICA) to the Republic of Azerbaijan at the Seventh meeting of the Council of Foreign Affairs Ministers, press service of the Kazakh MFA reports.

At the event Kazakh Deputy Prime Minister - Minister of Foreign Affairs Murat Nurtleu summarized the results of Kazakhstan’s four-year CICA chairmanship, noting the key achievements of the organization during this period.

In particular, special attention was paid to the transformation process launched following the Sixth CICA Summit held in October 2022 in Astana. According to the Transformation Roadmap, adopted in September 2023, the Kazakh chairmanship has developed and launched the consideration process of the draft Charter of the Conference. In the mentioned period Kazakhstan has initiated the formation of three new advisory bodies - Think Tank Forum, Council of Eminent Persons, CICA Fund.

In his speech, Minister Nurtleu outlined foreign policy priorities of the Republic of Kazakhstan in the fields of transit and transport connectivity, development of information and communication technologies and climate change.

Kazakh Foreign Minister confirmed that Kazakhstan is committed to further development of CICA and stated his confidence that the Conference, keeping in mind its unique format and geography, has serious prospects and bright future.

At the meeting, the Ministers adopted a number of documents, including a Statement on the 25th anniversary of the Declaration on the Principles guiding relations among Member States, Decision on Modalities of implementation of confidence building measures and an updated Catalog of Confidence Building Measures, as well as launched a Partner Network of Leading Universities of the Member States.

Following the event, Member States highly evaluated Kazakhstan’s CICA chairmanship, noting the significant progress in institutionalization of the Conference.

The event was attended by the heads of foreign affairs offices of the Member States and observer countries, including the ministers of Azerbaijan, China, Pakistan, Bangladesh, Sri Lanka, Tajikistan, Uzbekistan, as well as representatives of nine international organizations, including the UN, the International Organization for Migration, the League of Arab States, the Turkic Parliamentary Assembly, the Economic Cooperation Organization, the Shanghai Cooperation Organization, the EEC, and the UN Office for Drugs and Crime.

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Olzhas Bektenov holds Board of Directors meeting of Samruk-Kazyna: We continue to increase Kazcontent share

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