How much NCOC spends on the procurement of goods produced in Kazakhstan

From 2004 to 2018, North Caspian Operating Company (NCOC) spent more than $14 billion on the procurement of goods, works and services produced in Kazakhstan, Head of Local Content Monitoring & Reporting at NCOC Nurbolat Tulemissov said during the forum dedicated to the presentation of the report on sustainable development of the company for 2018.

Only in 2018, $424 million was spent on the procurement of goods, works and services produced in Kazakhstan, which is 43.4% of the total procurements made by the North Caspian project. Nurbolat Tulemissov explained that $12.2 million (27.3%) of them were spent on the procurement of goods produced in Kazakhstan, $275.8 million – on works (56.3%) and $136 million – on services (31%).

At the same time, the representative of the operator noted that the company considers training of local personnel as a key factor for the development of local content.

“In 2006-2018, the company held more than 1,300 seminars and forums involving local suppliers of goods, works and services,” he said.

According to him, the company conducted more than 350 audits of Kazakhstani enterprises giving them further recommendations. It trained these companies on the basis of the recommendations made. It certified them in compliance with international standards and helped them to get more than 200 international certificates.

“More than 3,500 local staff members were trained in various technical courses. 104 training courses were held in 2018, where more than 1,000 local staff members were involved,” said the Head of Local Content Monitoring & Reporting at NCOC.

In general, NurbolatTulemissov said that about 40% of the works worth more than $4 billion, which were previously carried out by foreign companies in the North Caspian project, were localized.

Фото: m-astana.kz