Roadmap for Development of Automotive Industry for 2019-2024 to double production volumes - Minister of Industry

AKIPRESS.COM - Vice Minister of Industry and Infrastructure Development of Kazakhstan Amaniyaz Yerzhanov told about the launch of the 2019-2024 Roadmap for the Development of Automotive Industry and the engineering development in Kazakhstan in general during the government session, the press service of the Prime Minister reports.
Over the years of the implementation of the industrialization program, engineering has become one of the most dynamically developing sectors: the volume of production in it has increased almost 3 times and amounted to about 1 trillion tenge in 2018, according to him.
The Ministry in cooperation with the Union of Mechanical Engineers of Kazakhstan developed a Roadmap for the Development of Automotive Industry for 2019-2024, Yerzhanov noted.
With the implementation of the Roadmap, a 2-fold increase in the volume of production and labor productivity is expected. The increase in exports by 1.2 times, he said.
"In general, the engineering industry has a high potential for the development of our economy. About $13 billion is made up of imports of engineering products, while domestic production amounted to just over $3 billion. There is good potential and we will need to work in this direction," said Yerzhanov.