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Economy

Bektenov turns shelf access into a directive

Kazakhstan’s Tuesday cabinet put first-half manufacturing output at 16 trillion tenge, about $34 billion at Tuesday’s official rate, up 9.8%, and ordered fair access to retail chains for the goods behind the number.

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Industry and construction minister Yersaiyn Nagaspaev carried the figures: more than 45,000 state-procurement contracts with domestic producers worth 82 billion tenge, about $172 million; 286 long-term offtake agreements through Samruk-Kazyna worth over 390 billion tenge, about $820 million; 623 manufacturing projects launched since 2023, from locomotive support beams to cylinder blocks. Capacity utilisation was offered as proof of life: 90% at the Shymkent transformer plant, 71% at the Karaganda rope works. The agriculture ministry reported food output rising, without headline figures in the published readout; the trade ministry promised new promotion instruments and e-commerce channels. Bektenov’s directives run to fair treatment of domestic goods on retail shelves and wider export access.

The same building produced a signature: a memorandum on a sustainable aviation fuel production “ecosystem” in the city of Alatau, after Bektenov met Peter Lee, founder of Hong Kong-based Full Vision Capital. The published item carries no volumes, no capital figure and no dates, and a memorandum is a promise rather than an outcome. It lands in a region suddenly pricing aviation fuel: a day earlier Uzbekistan published the 27% demand jump that is sending its jet-fuel buyers to Georgia and Iraq.

The readout had not been published by early Tuesday morning. It surfaced by late morning Astana time.