Business News in Brief

“Twelve hundred new jobs will be created in the Aktobe region within the State Programme of Accelerated Industrial and Innovative Development (SPAIID). This is going to be the result of implementing 10 projects of the state programme. They will allow for the creationof jobs in the region,” said Akim (Governor) of the Aktobe region Arkhimed Mukhambetov at a Sept. 12 Central Communications Service (CCS) media briefing. As he noted, the first five-year stage of the programme will be completed this year. “Presently, 76 investment projects inour region totaling 51 billion tenge (US$280.3 million)are included in the Industrialisation Map. We have already implemented 70 projects inthe lastfour years. They have allowedfor the creation of 5,000permanent jobs. There is a plan to implement not fewer than 10 projects amounting to 200 billion tenge (US$1.1 billion) this year. They will allow for thecreationof another 1,200 new jobs,” Mukhambetov noted. According to him, 14 priority factors that are to be considered during the second stage of implementation have been determined. “All the mistakes that were made during the implementation of the first five-year stage of the programme will not be made again,” he added.


“The Kazakh National Chamber of Entrepreneurs asks the Kazakh Food Corporation to announce the price for grain harvested this autumn,” Deputy Chairman of the Chamber Rakhim Oshakbayev said at a Sept. 11 media briefing.According to him, experts of the chamber have analysed the current situation at the grain market and believe that the fair price for thirdclass wheat this autumn should be at the level of 35,000 tenge (US$192.37) per tonne. Moreover, the National Chamber considers it expedient to increase the presence of the state at the grain market by increasing the procurement of grain for the state reserves to the level of onemillion tonnes. In 2013, this indicator was at the level of 280,000 tonnes and the harvest equaled 20.8 million tonnes.Oshakbayev also suggested taking taxation aspects into consideration when setting the price for grain purchase from farms and LLPs. The National Chamber also requesteddifferentiating the price for grain depending on the quality, i.e. set different prices for standard wheat and high-quality wheat.

“Our society has to be oriented toincreasing the social status and gradual increase of the role of women in the economic sphere, especially in rural areas,” president of the Kazakh Association of Business Women Raushan Sarsembayeva said on Sept. 10. During the media briefing she also noted that the association, with the support of the Kazakh Ministry of Healthcare and Social Protection, launched a new project on awareness-building among women, with the purpose ofincreasing the level of women’s awareness about protection of rights in the social and labour sphere. “As a result of the project, 50 women from three regions who took part in the Employment Road Map2020 and who opened their businesses will be selected for training,” Sarsembayeva added.

“In September 2014, [the] Samruk Kazyna [National Welfare Fund]plans to tender 14 companies. Presently, the procedure of evaluation of these assets is nearing completion,” Deputy Chairwoman of the Board of Samruk Kazyna Yelena Bakhmutova said at a Sept. 10 media briefing. According to her, the fund plans to tender nine companies entering Kazakhstan Temir Zholy, two companies entering Kazakhstan Engineering, one subsidiary company of KazMunayGas and two companies of the Samruk Kazyna fund. The assets of Kazakhstan Temir Zholy will be sold by means of electronic tender. Among the conditions of the tender will be preservation of the company’sprofiles and jobs. The other assets are planned to be sold by means of electronic auction without any conditions. She also noted that the fund took the necessary measures to ensure maximum transparency of the process. SamrukKazyna established a commission for the sale of assets and facilities of the fund consisting of parliament members and representatives of the Kazakh National Chamber of Entrepreneurs in order to ensure transparency of the privatisation process.

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