Kazakh companies draw contracts under import substitution program

/IRBIS, Dec.6, 00/ - The Great Silk Road World News Agency informs that Ispat Karmet and Kazakhmys have signed a $80m worth of contracts with domestic engineering companies for 2001 under the state import-substitution program. Over 40% of all the purchases at domestic engineering enterprises are attributed to these two companies. They may increase purchase volume to $85m. Agreements on purchase of a considerable amount of domestic engineering production in 2001 were signed by Kazzinc ($9.2m), Donskoy GOK ($7.2m), Kazakhstan Temir Zholy ($47.7m), and Kazakhoil ($17.7m).