State to support innovation projects - Minister of Industry and Trade in Pavlodar

PAVLODAR. February 17. KAZINFORM /Vera Livintsova/ State will support the projects providing for establishment of innovation, export-oriented and ecological productions, Minister of Industry and Trade Asset Issekeshev said it at a conference on Kazakhstan's industrial-innovative development held in Pavlodar yesterday. According to him, the budgetary funds will be spent for subsidizing portion of the loans, creation of infrastructure of new productions and personnel training.

photo: QAZINFORM

The Minister's visit to Pavlodar oblast ended with a meeting of entrepreneurs chaired by Governor Bakytzhan Sagintayev. 42 projects worth KZT 875 bln are under implementation in the region at present. 12 projects were included in the country's Industrialization Map. 24 projects to the sum of KZT 152 bln are planned to be realized by the year end.

At the conference the Minister informed the region's businessmen of development of Road Map of Business-2020 program, further development of domestic content and answered the participants' questions.

A. Issekeshev also took part in a ceremony of signing a memorandum of cooperation between Kazakhtelekom and KazEnergoKabel.