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Increasing the Economic Efficiency of Mining Industry Enterprises in Terms of Digitalisation: Example of the East Kazakhstan Region

Ospanov Zhandos, Dossanova Saule, Tadjieva Sayora, Maidyrova Aigul

Management and Production Engineering Review

2024

Vol. 15, No. 4

1--10

In the context of Kazakhstan’s economic digitalisation, increasing economic efficiency is a top priority. Digitalisation enhances enterprises’ financial stability and decision-making speed. This is particularly vital for mining enterprises, a key focus of the “Digital Kazakhstan” state program. This study aims to develop strategies to boost economic efficiency by analysing its essence and evaluating mining enterprises in East Kazakhstan. The methods used in the research include statistical analysis, comparison, structural and logical analysis, and synthesis. The results include determining the essence of economic efficiency, evaluating the dynamics of industrial production indices, production volume, and structure, and assessing economic efficiency indicators of mining enterprises. Five key areas affecting economic efficiency were identified: technology, material resources, management, labour resources, and the general system. The introduction of Big Data digital technology is suggested for each area to significantly enhance efficiency.