Processing of crude into high value-added products is an effective way for Kazakhstan to attract international investors: ADB

ПОДЕЛИТЬСЯ

Processing of crude into high value-added products is an effective way for Kazakhstan to attract international investors: ADB ADB. ©Reuters

Asian Development Bank suggests Kazakhstan focusing on oil processing, citing Lakshmi Venkatachalam, ADB Vice-President for Private Sector and Cofinancing Operations, as saying. “When it comes to transfer of technology, processing of crude into high value-added products is an effective way for Kazakhstan to take advantage of its natural riches and attract international investors”, Ms. Venkatachalam said when speaking at the sitting of the Foreign Investors Council held in Astana. According to her, “Kazakhstan has a vast investment potential for such projects”. “This measure will stimulate demand for a certain type of vocational training specialists that are a cornerstone of the innovation economy (…) such projects will bring forth valuable technical know-how, enabling Kazakhstan to transform into a hub of modern industrial production and a source of innovations within the region”, she emphasized. She stressed that the country’s Government “bears the responsibility for putting in place a favorable legal framework to attract investments into the sector”.

ПОДЕЛИТЬСЯ
Asian Development Bank suggests Kazakhstan focusing on oil processing, citing Lakshmi Venkatachalam, ADB Vice-President for Private Sector and Cofinancing Operations, as saying. “When it comes to transfer of technology, processing of crude into high value-added products is an effective way for Kazakhstan to take advantage of its natural riches and attract international investors”, Ms. Venkatachalam said when speaking at the sitting of the Foreign Investors Council held in Astana. According to her, “Kazakhstan has a vast investment potential for such projects”. “This measure will stimulate demand for a certain type of vocational training specialists that are a cornerstone of the innovation economy (…) such projects will bring forth valuable technical know-how, enabling Kazakhstan to transform into a hub of modern industrial production and a source of innovations within the region”, she emphasized. She stressed that the country’s Government “bears the responsibility for putting in place a favorable legal framework to attract investments into the sector”.
Tengrinews
Читайте также
Join Telegram
Kazakhstan adopts new banking law
Market catches fire in Atyrau
Tokayev arrives in Zhambyl region
Tokayev urges Astana to look to Tokyo
Dollar dropped sharply in Kazakhstan
Trump sends gifts to Tokayev
Earthquake occurred in the Caspian Sea
Cold front approaches Kazakhstan
Earthquake struck Almaty
Tokayev sends telegram to Emir of Qatar
New Year trees lit up in Almaty
Kazakhstan and Japan sign 14 documents

Exchange Rates

 505.73  course up  595  course up  6.32  course down

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети