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LUKOIL and Nazarbayev University to cooperate

17 may 2011, 17:10
0
Photo courtesy of Radio Azattyq
Photo courtesy of Radio Azattyq
May 17 in Astana LUKOIL President Vagit Alekperov and Chairman of the Executive Council of the Nazarbayev University Aslan Sarynzhipov signed a memorandum of cooperation, KazTAG reports.

According to the document, the sides will be implementing joint sponsorship and charity projects to facilitate education and research. Besides, the parties have agreed to work out a joint scholarship program to assist the brightest students and raise qualifications of the teaching staff.

The Russian Company has been operating in Kazakhstan for 17 years. “We are among the first investors to inject their money to this country. The Company is involved in a total of 9 projects. Investments make up $6 billion”, Mr. Alekperov said earlier today.

Nazarbayev University – named after Kazakhstan’s president, Nursultan Nazarbayev – will teach only in English, and at the early stage all of its professors will be foreigners. The school is working closely to develop its programs of study with elite foreign universities.

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