Mayor: Average salary exceeds KZT230 thousand in Astana
The average salary was fewer than KZT10 thousand 20 years ago, today it exceeds KZT230 thousand. The unemployment rate has dropped from 12.8% to 4.5% since 1998, which is the smallest figure in the country," said Astana Mayor Bakhyt Sultanov.
2.4 million square meters of housing came into use in 2018, making up 20% of the total volume of the country. Also, more than 20 republican and city’s health facilities were constructed, including over 300 kindergartens and schools," said Sultanov.
Each third Astana citizen is an entrepreneur, thus over half of the tax revenues (53%) come from small- and medium-sized businesses," he said.
There are positive changes in this structure. Over half of the investments used to be funded by the state budget (approximately 53% in 2009), now the share of budgetary investments has reduced by ten times. Thus, today 90% of the city’s investments are formed by private businesses, turning a small-business holder into the city’s main investor," said Sultanov.
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Kazakhstan turns to high-value added manufacturing with building polyethylene plant it Atyrau region
The Head of State has identified deep processing of hydrocarbons as one of the key areas of development of the oil and gas sector. The priority for our economy is high conversion production producing products with a rapid increase in added value in the technological chain with an export orientation. The added value between the initial feedstock ethane and the third conversion product polyethylene increases 20 times, from $80-90 to $1600-1800 per tonne. The Polyethylene project will certainly give a serious impetus to the development of both the manufacturing industry and the country's economy as a whole. According to experts' calculations, the contribution to the country's GDP by 2030 from the implementation of the project is estimated at approximately 1.2%," Olzhas Bektenov said.
We on the part of the state provide comprehensive support in the implementation of projects important for the country's economy. At the same time, we expect you to increase the share of local content. For this purpose, it is necessary to determine the list of goods and equipment that will be mandatorily purchased from domestic producers. Special attention should be paid to training of Kazakhstani specialists and transfer of competences. It is important for us to maximise the attraction of local personnel, including for management positions in the project. We count on a similar approach in the implementation of other joint projects," Prime Minister emphasised.
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