ASTANA (TCA) — The Atameken National Chamber of Entrepreneurs of Kazakhstan held a meeting of the working group on import substitution with the participation of JSC Kazakhstan Industry Development Institute, JSC National Agency for the development of local content NADLoC, JSC National Agency for Export and Investment KAZNEX INVEST, and sectoral business associations, the Chamber reported on June 28.
At the meeting, the Deputy Chairman of Atameken Nurzhan Altaev suggested to prescribe measures of state support for businesses involved in import substitution.
“As part of the development of competitiveness at the domestic market, we propose to focus and to continue work in two directions: support of existing domestic producers, with priority on public procurement, procurement of national companies and subsoil users, as well as the development of industrial cooperation; and the development of ‘niche’ investment projects,” he said.
The Deputy Chairman said that at the first stage they have analyzed the manufacturing industry, including metallurgy, chemical industry, packaging, construction industry, light and food industries. As a result, they have identified a preliminary list consisting of 102 products that have the greatest potential for import substitution.
“In this regard, there is a need for urgent development of normative legal documents (Concept) which will spell out specific measures of state support for enterprises involved in import substitution,” Altaev said.
