25 may
The country's mineral resource complex has fully adapted to the requirements of the world market over the years of independence. Talgat Satiev, chairman of the Committee of Geology of the MEGPR, stated this during a briefing at the CCS. According to him, more than 4,000 deposits have been transferred to subsoil use and currently bring income to the state and provide employment to the population, the magazine SK News.
“This fact led to the inflow of investments into the country. Of the almost 73 trillion tenge attracted to Kazakhstan since 1996, more than 70% went to the oil and gas sector, which is 52.2 trillion tenge, and 27% to the mining sector, which is 19.5 trillion tenge. The largest investments are directed to priority types of minerals, such as oil, polymetals, copper, gold, iron, uranium, coal. At the same time, the share of funds invested in geological exploration is about 4 trillion tenge”, – emphasized the representative of the eco-department.
Illustrative photo from open sources