Article 5. Industrial development The Law on Industrial Policy

Home / RLA / Article 5. Industrial development The Law on Industrial Policy

1. The implementation of industrial policy ensures the industrial development of the country, based on increasing the competitiveness of the manufacturing industry, systematic stimulation of subjects of industrial and innovative activities that contribute to the modernization of industrial enterprises.

2. In order to inform about the state of industry in the territory of the Republic of Kazakhstan and the measures taken by the Government of the Republic of Kazakhstan, a National Report on the State of Industry of the Republic of Kazakhstan (hereinafter referred to as the National Report) is submitted annually to the President of the Republic of Kazakhstan.

The national report is formed by the authorized body in the field of state stimulation of industry based on the results of an assessment of industrial development and an assessment of the effectiveness of the implementation of measures of state stimulation of industry.

Central state bodies and local executive bodies of oblasts, cities of republican significance and the capital annually, by March 1 of the year following the reporting year, provide information to the authorized body in the field of state stimulation of industry for inclusion in the National Report.

The national report is the main tool for the formation of industrial policy, determined by the documents of the State Planning System in the Republic of Kazakhstan, the development of which is carried out by government agencies with the participation of local executive bodies of regions, cities of republican significance and the capital, representatives of business entities and society.

This Law establishes the fundamental principles of industrial policy and regulates public relations that arise during the formation and implementation of industrial policy.

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Republic of Kazakhstan

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