Nazarbayev calls on business to join industrial-innovative development program

sp;ASTANA. November 12. KAZINFORM. /Serik Sabekov/ Making a speech at the ceremony of awarding laureates of "Altyn Sapa" Presidential Prize Head of the State Nursultan Nazarbayev has appealed business community to join the program of Kazakhstan's industrial innovative development.

"We set a global task on forced industrialization of the state. By 2010 it is planned to increase production output by KZT 7 billion or 50%", N. Nazarbayev said. He noted that the increase in production output should involve competitive products that are in demand both in the domestic and world markets.

According to the President, there are 7 priorities of innovative industrialization. The investment portfolio on these directions includes more than 300 projects to the amount of USD 90 billion. "We have much to do. I call on our business community to join the implementation of this program. Our business should become a locomotive of the country's development", N. Nazarbayev said.

He stressed the necessity to get into the process of formation of a new industrial policy. The President charged the Government to explicate the program to the business community.