Per capita GDP in Kazakhstan to reach $15,000 by 2016
ASTANA. June 20 (Interfax) - Per capita GDP in Kazakhstan will reach $15,000 by 2016, the President Nursultan Nazarbayev said.
"By 2016 Kazakhstan should enter the group of countries with high personal income levels. The per capita GDP should grow to $15,000," Nazarbayev said at the Saint-Petersburg Economic Forum on Saturday.
The transcript of the president's speech was circulated by his press office.
He said that in 2010 Kazakhstan had adopted a Strategic Development Plan until 2020, which defined the key areas to be modernized during the decade.
According to Nazarbayev, until 2015 the country plans to implement around 500 projects with a total cost of about $80 billion and create 200,000 new permanent jobs.
"We will make every effort to make Kazakhstan a regional trade, logistics and business hub as well as a Central Asian center of knowledge.
This will enhance economic cooperation between countries and improve living standards in our country and the whole region," he said.
