The capital of Kazakhstan hosted the international conference “Labor Market in an Era of Change: Challenges, Innovations and Prospects.” The event was attended by Deputy Prime Minister of the Republic of Kazakhstan Tamara Duisenova, Minister of Labor and Social Protection of the Population of the Republic of Kazakhstan Svetlana Zhakupova, representatives of Kazakh government agencies, NPP Atameken, Federation of Trade Unions of Kazakhstan, as well as large domestic enterprises, including the largest taxpayer in Kazakhstan – Tengizchevroil LLP (TCO).

In total, during the peak of construction of the Future Growth Project - Wellhead Pressure Management Project (FGP-WPMP), approximately 90,000 Kazakh workers were engaged. Among them, more than 36,500 employees received training and obtained certificates adhering to both Kazakhstan and international standards. The specialists who completed work at the new plant now effectively apply their knowledge and experience to other projects, both in Kazakhstan and abroad.

However, the Ministry of Labor believes that this is insufficient. Svetlana Zhakupova stated, “In the next five years, approximately 100,000 new jobs will be required annually for the resident workforce. Currently, the pace of job creation does not adequately align with the needs of the growing population”.

In her speech, the Minister of Labor and Social Protection of the Population of the Republic of Kazakhstan, Svetlana Zhakupova, highlighted the anticipated outcomes of the proposed economic incentive measures. These measures are expected to lead to an increase in the number of quality jobs from 2.1 million, constituting 32% of all jobs in the total employment structure in 2023, to 3.6 million, or 45% by 2030. The average annual growth rate for quality jobs is projected to be 8%, benefiting 1.5 million individuals who will see their incomes rise above the median wage.

According to a study by the international analytical agency S&P Global, the development of the Tengiz field in Kazakhstan creates additional 41 jobs in the country's economy for every job at TCO.

Deputy General Director of Tengizchevroil, Konilkosh Suyessinov, also added, “Since 2018, the team of the department of developing capabilities and training in vocational specialties at FGP-WPUD (Craft Training) has been preparing the APEC Training Center for international accreditation by NCCER (National Center for Construction Education and Research). Since 2021, the CREW Leadership course has been launched at FGP-WPMP, enhancing the skills of nearly 3,000 FGP-WPMP employees in effective crew/field leadership."

Today, the share of Kazakhstani workers in TCO's core business has grown to a significant 95%, up from 50% in 1993. At the same time, since 1993, direct financial payments to the Republic of Kazakhstan to date have amounted to more than 186 billion US dollars, including purchases of goods and services from Kazakh suppliers amounting to more than 45.6 billion US dollars.