ANNOUNCEMENT 13 Apr 2010In April 2010, the government of Kazakhstan announced a change in production support.
NUMBER OF INTERVENTIONS
Road map of the Business -2020
The industrial development programme " Road map of the Business -2020" is one of the mechanisms for the realization of the industrial development of the Republic of Kazakhstan. The objective of the programme is to provide sustainable development and balanced economic growth in non-energy sectors of the economy in order to provide new jobs in those sectors.
The programme consists of 2 stages:
Stage 1 - from 2010 to 2014.
The main directions of the programme in this period are: support of new projects, development of the business sector as well as export support.
Stage 2 - from 2015 to 2020.
In this stage the priorities are to support new projects as well as the support of exporters.
The priority industries are the following:
·production of the construction materials
·metallurgy and machine building
·science and research
The programme is supported through government subsidies to the indicated sectors.