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Trade turnover between Kazakhstan and China may grow by 20% this year According to Kazakhstan’s statistics, trade turnover between the two nations in 2010 stood at $20.3 billion.

19 May 2011

Kazakhstan ahead of Russia in Competitiveness Rankings According to Swiss business-school, Kazakhstan is ranked 36th in the 2011 World Competitiveness Rankings, while Russia is 49th.

19 May 2011

Seismic training to be held in Almaty on May 24 Almaty Emergency Situations Department will organize seismic training on May 24.

19 May 2011

Kazakhstan has bright prospects within the Customs Union: Sberbank Chief Executive German Gref One of the major tasks of the Government is to help maintain the competition, he believes.

18 May 2011

Kazakhstan welcoming participation of foreign companies in its economy modernization efforts When speaking at the 24th plenary session of the Foreign Investors’ Council (FIC) today in Astana, Minister of Industry and New Technology Asset Issekeshev outlines two mechanisms of possible cooperation.

18 May 2011

Kazakhstan should be international logistics hub by 2016: President Nazarbayev President suggested discussing issues of transforming Kazakhstan into an international trade and logistics hub at the next sitting of the Foreign Investors’ Council (FIC) to be held May 2012 in Astana.

18 May 2011

In 2011 we plan to launch over 200 industrialization projects: President Nazarbayev When speaking at the 24th plenary session of the Foreign Investors’ Council (FIC) opened today at Nazarbayev University in Astana, President Nazarbayev called investors to contribute to the modernization efforts.

18 May 2011

Kazakhstan concerned about imported AI-92 and AI-93 gasoline deficit Big difference in prices for gasoline of popular brands AI-92 and AI-93 in Kazakhstan and Russia may cause their deficiency: Sauat Mynbayev.

18 May 2011

Oil and gas Minister Mynbayev does not rule out suspension at Karachaganak Without an agreement there will be no 3rd stage of the Project: Minister of Oil and Gas Sauat Mynbayev.

18 May 2011

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Kazakhstan intending to inject over $7 billion to its power generation industry First investment agreements in this realm have already been signed: Minister of Industry and Trade Asset Issekeshev.

18 May 2011

EBRD President Thomas Mirow spots an obstacle for Kazakhstan’s economy development The 24th plenary session of the Foreign Investors’ Council (FIC) has been opened today at Nazarbayev University in Astana.

18 May 2011

Astana hosting 24th plenary session of Foreign Investors’ Council (FIC) The FIC is an advisory body established to promote direct dialogue between the Government of Kazakhstan and foreign investors to efficiently address issues related to investment activities and to improve the business climate of Kazakhstan.

18 May 2011

Prime Minister Massimov meets John Ferraro COO of Ernst & Young The Prime Minister wrote about is in his Twitter account.

17 May 2011

LUKOIL and Nazarbayev University to cooperate The parties have agreed to work out a joint scholarship program to assist the brightest students and raise qualifications of the teaching staff.

17 May 2011

EBRD to finance energy efficiency project for KazakhstanTemirZholy (KTZ) The Bank is ready to invest $100-200 million into the Company.

17 May 2011

KazMunaiGas EP seeks to join the top 30 oil producing companies by 2020 Apart from on-land assets, the Company seeks to increase the share of its maritime projects and foreign projects in the company’s portfolio.

17 May 2011

Kazakhstan’s Government drafts a law to regulate gas supplies The draft law seeks to establish a sole national operator of marketable gas supplies: the operator shall have the preemptive right to purchase processed associated gas: Oil and Gas Minister Sauat Mynbayev.

17 May 2011

Issues over KPO may take longer than planned: LUKOIL President Vagit Alekperov Kazakhstan has a number of requirements to be considered by the consortium. There are mutual commitments (…) the negotiations process is constructive: Mr. Alekperov.

17 May 2011

Gas prices may raise in Kazakhstan by 2015 Significant raise of gas prices is possible in several regions of Kazakhstan by 2015: Timur Kulibayev.

17 May 2011