Development trends of machine-building enterprises in Kazakhstan as a participant of the EAEU

Abstract

The purpose of the study is to determine the features of the development of mechanical engineering, which were formed in a short historical period. Mechanical engineering is a key industry sector that is able to ensure stable and constant innovative development of enterprises. According to experts of the Union of Machine Builders of Kazakhstan, the share of mechanical engineering in the structure of the country's manufacturing industry is 14%, in the share of the entire industry – 7%. The current stage of development of the engineering industry requires renewal and innovation. The article deals with the issues of production, sales and after-sales service of equipment during the implementation of the industrialization program in the engineering industry. The decrease in the prospects for the development of engineering enterprises is interconnected with a lack of investment, depreciation of funds, the level of competition in domestic and world markets, and a shortage of qualified personnel. The main attention is paid to identifying the features of the development of the machine-building complex and pursuing a balanced policy both on the territory of the country and on the territory of the EAEU member countries. The author focuses on the fact that the economic growth of Kazakhstan is accompanied by structural changes that reproduce the level of industrial and scientific and technological development of the country. The novelty of the study lies in the review of the activities of enterprises, identifying the features and causes hindering the development of mechanical engineering. The result of the study was the substantiation of the logic of strengthening key industries and facilitating the launch of basic courses for the development of the indus.