Kazakh PM believes unpromising enterprises should be closed

    Prime Minister of Kazakhstan Bakytzhan Sagintayev believes it is necessary to closw enterprises that have proved to be unpromising and find new workplaces for people who worked there.
    At the 4^th Congress of the National Chamber of Entrepreneurs "Atameken" on Wednesday, Premier Sagintayev noted some of the enterprises privatized in 1990s still function successfully. But, according to him, there is a bunch of unpromising enterprises Kazakhstan must get rid of.
    "It is a painful process. But within the framework of reforms in Kazakhstan's economy we must realize that if an enterprise has no future, it must be shut down. Personnel of such enterprises will need new workplaces to work and to feed their families," Mr Sagintayev said at the congress.
    Timur Kulibayev was reelected to the post of chairman of the Presidium of the National Chamber of Entrepreneurs "Atameken", Kazpravda.kz reports.
    Astana is hosting the IV Congress of RK NCE "Atameken" with the participation of Prime Minister Bakytzhan Sagintayev.
    Timur Kulibayev expressed gratitude to the members of the presidium, whose powers were terminated today, for a significant contribution to the formation and development of Atameken.
    It should be noted that more than 500 businessmen take part in the congress. For 4 years of existence, Atameken has become an effective dialogue platform for business and government to discuss and solve urgent problems of domestic entrepreneurs.
    Reported by the Kazakhstanskaya Pravda, Kazinform.