Second five-year plan of industrialization program requires KZT 6.6 trillion – Baiterek Holding Chairman
16:42, 17 May 2014
ASTANA. KAZINFORM - Chairman of the Board of "Baiterek" National Holding" JSC Kuandyk Bishimbayev announced revised cost of implementing the second five-year state program of forced industrial-innovative development (SPFIID).
According to him, "Baiterek" holding has been defined the main financial agent of the government program. Last fall Baiterek determined the amount of funding the second five-year Plan.
Implementation of the SPFIID for 2015-2019 at that time required KZT 7 trillion. After various discussions the amount reached about KZT 6.6 trillion", he explained.
Kuandyk Bishimbayev noted that not all of the funds will be provided from the state budget. Second five-year project was approved today by the Kazakh Government.