Kazakhstani enterprises should expand market outlets - Massimov

"Engineering is the ultimate point of all limits, where focus capabilities of the state and the economy. Currently the world is entering the cycle of low prices for energy and raw materials for basic products, i.e, Kazakhstan and other countries whose budgets depend on the price of energy and other basic raw materials, in this regard, there will be less opportunities. Ultimately the engineering always depends on demand. I think we have to be prepared for the fact that, most likely, the demand in our countries is declining slightly," Massimov said at the II Forum of Engineering workers of Kazakhstan.

According to the Prime Minister, it is necessary to build its strategy to seek reserves within companies in order to work on labor productivity, reduce the additional costs. "In order to Kazakhstan had the opportunity to co-operate and work with other companies, our economy must be a part of the global economy.

The Prime Minister also reminded that the Eurasian Economic Union will come into force from January 1.

Kamila Amirova