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  • main
  • Industrial and innovative development for 2020-2025

Industrial and innovative development for 2020-2025

10 February, 2021 16:30
The program is a part of the industrial policy of Kazakhstan aimed at developing a competitive manufacturing industry and diversifying the country's economy. Starting in 2020, this is the third such program for Kazakhstan. The first was launched in 2010 and lasted five years.

Key targets:
  • increase in the volume of investment in fixed capital in manufacturing by 1.6 times to the level of 2018;
  • growth of manufacturing exports 1.9 times to the level of 2018;
  • increase in the number of operating manufacturing enterprises per 1,000 people of the economically active population by 1.5 times to the level of 2018;
  • labor productivity growth in the manufacturing industry by 1.6 times
  • improvement of Kazakhstan's position in Harvard's Economic Complexity Index (ECI)from 78 to 55 level (from -0.31 points to 0.14 points).