Kazakhstan and Türkiye need unified rail freight tariffs - Bektenov

With this figure, we outperform 75 percent of countries globally," Kassenov said. "Another indicator - the ratio of gross fixed capital formation to GDP - stands at 24 percent in Kazakhstan, which is higher than in 68 percent of countries worldwide."

Economic growth rates directly depend on investments, because they generate additional production capacity and form the basis for further expansion of the economy," he said.

There is another, more focused metric that considers only investment in fixed capital. The ratio of fixed capital investment to GDP in Kazakhstan currently stands at 14 percent. Our task is to raise this indicator to 23 percent," he said.

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We discussed issues related to localization and the involvement of Kazakhstani companies in the construction of this plant, personnel training, and the overall development of long-term cooperation. It is encouraging to note that we have reached a common understanding on all key issues. Basic approaches have been developed that fully meet the interests of our states and reflect the strategic nature of relations between our countries, Satkaliyev said.

Almost the entire production program is being carried out. We need at least one year of site monitoring in order to prepare all the necessary reports and implement the project with full consideration of the natural, geological, and weather conditions of this specific location, stated Likhachev.