The geological industry needs a new impetus - Tokayev

The geological industry needs a new impetus – Tokayev

23/10/2023

Image source: pixelied.com / pixabay.com

President of Kazakhstan Kassym-Jomart Tokayev received veterans of the geological industry, BaigeNews.kz reports with reference to Akorda.

Head of State Kassym-Jomart Tokayev met with honored figures of the country’s geological industry – academician of the National Academy of Sciences Serikbek Daukeev, president of Meridian Petroleum LLP Baltabek Kuandykov, director of the Institute of Geological Sciences named after K.I. Satpayev Hero Zholtaev and the president of the public association “Academy of Mineral Resources” Bulat Uzhkenov.

The President noted that the geological industry is the basis for the progressive development of all subsoil use and an important component of the country’s economy.

According to the Head of State, geology needs a new impetus, especially in terms of exploration and comprehensive study of subsoil. Therefore, the government was tasked with bringing the area of geological and geophysical exploration to 2.2 million square kilometers by 2026.

According to Kassym-Jomart Tokayev, comprehensive measures are being taken in order to attract foreign investors, capital and modern technologies to geological exploration. At the same time, it is important to maintain a balance between the openness of the geological sphere for investment and ensuring the interests of the state.

Also at the meeting, current issues of the geological industry and proposals for its stimulation were discussed.

At the end of the meeting, Kassym-Jomart Tokayev expressed gratitude to the veterans for their significant contribution to the development of domestic geology.

Source and Credit: baigenews.kz

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