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Kazakhstan’s manufacturing industry has demonstrated positive momentum this year, with production volumes rising by nearly 6%, according to Vice Minister of Industry and Construction Olzhas Saparbekov. The results were presented during a government meeting reviewing the country’s socio-economic development.

Growth has been driven primarily by increased capacity at metallurgical, engineering, and chemical enterprises. Producers of construction materials have also delivered strong performance, contributing to the overall expansion of the sector.

The engineering industry recorded one of the fastest growth rates, with output up 11.6%. Higher production was registered across several segments, including automobiles, railway and agricultural machinery, and household equipment.

Metallurgical enterprises also increased output, producing higher volumes of gold, copper, pig iron, and steel. The chemical industry posted growth of 8.1%, while construction materials expanded by 14.7% and the light industry by 7.4%.

Saparbekov said the growth in manufacturing is largely the result of state support measures aimed at domestic producers, including initiatives to increase the use of locally sourced raw materials and improve capacity utilization.

Overall economic indicators also remained positive. Kazakhstan’s gross domestic product grew by 6.4% over the first 11 months of the year. The mining sector expanded by 9.7%, supported by higher oil production, which rose by 14.1%, gas output, up 16.7%, and coal mining, which increased by 9.7%.

Source and Credit: dprom.kz

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