Nazarbayev urges businesses to invest in Pavlodar Province


PAVLODAR, Kazakhstan -- Kazakh President Nursultan Nazarbayev during a meeting in Pavlodar Province called for investment to develop the provincial economy, Kazinform reported Tuesday (July 17).

"The overarching priority is the attraction of investment," Nazarbayev said at a meeting on provincial development held in Pavlodar city.

"One pressing issue is the development of small- and medium-sized enterprises [SMEs]," Nazarbayev said.

"As of now, the share of SMEs in the province's development structure is 17%," he said, adding that the average for the country is 27%.

"[One can] observe an upward trend in the socio-economic development of the province," he said.

Industry comprises almost 50% of the province's economy, he said.

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