Azernews.Az

By Aynur Jafarova

Kazakhstan Deputy Prime Minister and Minister of Industry and New Technologies Asset Issekeshev called for expansion of joint oil and gas ventures in the country.

"This measure will be mutually beneficial. Jointly with Kazakh partners, foreign engineering companies will get full state support and oil and gas operators will obtain qualitative products," Issekeshev said at a meeting on development of oil and gas engineering.

In their remarks, representatives of the country's Engineering Union said the establishment of joint ventures in Kazakhstan can serve as a way for increasing Kazakhstan role's in oil and gas projects.

The parties also discussed the mechanisms of work with foreign engineering companies, as well as legal framework for regulating the operation of joint enterprises. They said such developments would play an important role in supporting the national business.

Under the ongoing program of forced industrial-innovative development, the subjects of monitoring purchased goods, work and services inside the country amounted to 31.2 trillion tenge in four years.

Some 56.5 percent of this amount fell to the share of domestic goods, work and services.

The share of domestic goods, work and services increased by 15 percent in 2013 and accounted for 63.1 percent of the total volume of purchases by monitoring subjects