Kazakhstan ranked third in CIS on industrial production growth rate

ST.PETERSBURG. may 7. KAZINFORM /Yelena Myagkova/ Kazakhstan became third country in the CIS on the growth increase of industrial production, the CIS Interstate Statistical Committee reported.

photo: QAZINFORM

Upon the results of the first quarter of 2010, Kyrgyzstan leads among the CIS states on the rate of industrial growth that achieved 78.8% compared to the corresponding period last year.

Such essential growth is explained by resumption of work at full capacity of "Kumtor" Gold Company that is a strategic enterprise for Kyrgyzstan. Tajikistan and Kazakhstan took second and third places correspondingly where the growth rate made up 16.3% and 11.5%.

Ukrainian industrial production increased by 10.8% in three months, Armenian - by 10.4%. The industrial growth in Uzbekistan made 7%, in Belarus - 5.9%, in Russia - 5.8%, in Azerbaijan - 5.6%, in Moldova - 4.9%.