Kazakhstan and Finland: Plans to launch 11 new manufacturing projects worth 32.5 billion tenge

Vice Minister of Industry and Construction, Zhannat Dubirova, announced this at the 13th session of the Kazakhstan-Finland Intergovernmental Commission on Trade and Economic Cooperation. Participants included Kazakhstan's Minister of Ecology and Natural Resources, Erlan Nysanbayev, Ambassador of Kazakhstan to Finland, Zhanna Sartbayeva, and Vice Minister of Transport, Talgat Lastaev, along with Finland’s Minister of Foreign Trade and Development, Ville Tavio, Ambassador to Kazakhstan, Soili Mykäinen-Buchanist, and Diplomatic Advisor Mikko Autti.

The Vice Minister highlighted the achievements of Kazakhstan-Finland relations in the woodworking industry, which amounted to 14.3 million dollars in 2023.

Zhannat Dubirova also shared data on a 31% increase in investment in woodworking, totaling 3.3 billion tenge.

«By 2027, the woodworking industry plans to launch approximately 11 new productions valued at 32.5 billion tenge, creating 1400 jobs», emphasized the Vice Minister.

The government is offering a range of benefits, incentives, and preferences for launching new investment projects and supporting existing ones. The Ministry has set the task of further developing the woodworking industry with sustainable and efficient use of raw materials.

 

Press service of the Ministry of Industry and Construction of the Republic of Kazakhstan