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Kazakhstan planning to bring FDI up to 13-14% of GDP Currently FDI stands at 8-9% of the GDP: Asylkhan Serikov, Head of Committee for Investments under the Ministry of Industry and New Technology.

04 May 2011

Kazakhstan’s Agriculture Ministry has no plans to ban grain exports Kazakhstan can export 5.5. million tons of grain in the 2010-2011 marketing year: Agriculture Ministry.

04 May 2011

Multinationals account for half of investments into Kazakh O&G sector For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.

04 May 2011

Tasmagambetov deduced formula for investors in Astana Imangali Tasmagambetov delivered a speech at the 2nd Investment forum Astana Invest 2011.

04 May 2011

Kazakhstan and EU to work out a new program of strategic cooperation The Program seeks to deepen cooperation with regards to investments and trade with the EU: Zhanar Aitzhanova, Minister for Economic Integration.

04 May 2011

Two more quakes hit Almaty region Two more quakes hit Almaty region on May 3 and 4.

04 May 2011

Astana to implement projects worth $5 billion within 5 years II Investments Forum has opened today in Astana alongside the IV Economic Forum. When opening the Forum, Kazakhstan’s Prime Minister Karim Massimov told about further development of Astana.

04 May 2011

Kazakhstan developing a program to stabilize food prices However, given the openness of the economy, prices cannot be bridled forcibly: Assylzhan Mamytbekov, Agriculture Minister.

04 May 2011

Kazakhstan ratifies agreement on common oil and petroleum products market with Russia and Belarus The agreement seeks to define major principles to form the common markets of oil for the Customs Union member states, as well as to foster competition in these markets.

04 May 2011

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Sirens sounded across Kazakhstan

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KazMunaiGas to purchase Helios chain of gas stations According to a source at the Pavlodar oil refinery, almost everything is ready for the forthcoming deal.

03 May 2011

Kazakhstan can make a substantial contribution to global food security: Dr Jacques Diouf, Director-General UNFAO Thanks to its resources, the nation has a vast potential in boosting its agricultural produce. This could bring Kazakhstan’s contribution to global food security to a higher level: Dr Jacques Diouf.

03 May 2011

EMSC made seismic activity map of Almaty region Experts of European-Mediterranean Seismological Center made a map of earth shocks registered in Almaty area.

03 May 2011

5 tons of sulphuric acid spilled near Kyzylorda 5 tons of sulphuric acid spilled close to Yenbekshi village of Kyzylorda oblast.

03 May 2011

Kazakhstan has learned from Middle East and North Africa: PM Massimov We have put in place a special program for the young… this program seeks to create opportunities, rather than just ensure income sharing: PM Massimov.

03 May 2011

Nazarbayev pledges 180,000 tons of meat exports by 2020 Consequences of food crises are social tensions and political upheavals throughout the world (…) it is of paramount importance to ensure food security at regional and global levels. Inter-state cooperation and concerted actions are needed: President Nazarbayev.

03 May 2011

Industrial powers conserve poverty in “banana republics”: N. Nazarbayev All the developed nations used to protect their processing industries, regarding them as “fledging industries” (…) Now the IMF, the World Bank and the WTO demand liberalization and free trade: President Nazarbayev.

03 May 2011

Kazakhstan to reach GDP per capita of $15 000 by 2016: President Nazarbayev According to him, as compared to 1994 the national economy has grown 13 times: from GDP per capita of $700 to $10000.

03 May 2011

Nazarbayev talks of “unprecedented measures” at the currency markets President stressed that ultimately all economies of the world will embrace the idea of supra-national payment unit and of a brand new global currency.

03 May 2011

Russia opening up its markets for Kazakhstan Kazakhstan’s businessmen can rely on Russian Government’s support when opening a JV in the Russian territory: Sergei Parshnikov, Head of the S&MBs; Development Department of the Ministry for Industry and Trade for Novosibirsk oblast.

03 May 2011