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Kazakhstan to launch a State-run Company to manage EXPO-2017

15 января 2013, 11:23
Kazakhstan will launch a special State-run Company to manage the EXPO-2017, a Tengrinews.kz journalist reports.

“Today we are considering a draft legislation on a special national company to manage the event (…) the company will be responsible for all the prep works”, Erbolat Dossayev, the country’s Minister for Economic Development and Trade, said when speaking at a government sitting January 15.

According to him, the major goal of the planned company among other things would be regulation of the actual design and construction processes.

Besides, he informed that the Astana Mayor Office would launch a special Council to oversee infrastructure development in the city.

According to him, the special Fund to Support EXPO-2017 requires 5 million Euro to have the tasks accomplished. The figure has been coordinated with the country’s Foreign Ministry.

The Minister reminded that after Astana won the bid for hosting EXPO-2017 back in November 2011, Kazakhstan launched a State Committee for Preparations for the Exhibition presided over by the country’s PM Serik Akhmetov.
Following the presentation, the Government passed the draft legislation.

In his turn, PM Serik Akhmetov said that a number of specific suggestions on defining land plots for the exhibition facilities would be presented to President Nazarbayev shortly.

Expo 2017 is the next scheduled International Exposition after Expo 2015 and will be the first of its type since Expo 2012. The expos in 2010, 2015, 2020 and every 5 years thereafter are considered "universal expos" by the Bureau of International Expositions (BIE) and the 2017 event will be one of the "recognized" expos with a specialized theme that alternate with the "universal expos" (Kazakhstan’s theme will be future energy).

Tengrinews.kz reported earlier, citing Ms. Gaukhar Beisseyeva, Vice Head of the Foreign Ministry’s External Economic Policy Department, that Kazakhstan plans to earmark $1.5 billion to construct facilities accommodating the EXPO-2017.

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