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RIA Novosti ©
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.

Kazakhstan planning to bring FDI up to 13-14% of GDP
Tengrinews.kz stock photo
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.

Kazakhstan’s Agriculture Ministry has no plans to ban grain exports
Sauat Mynbayev. Photo courtesy of focus.kz
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.

Multinationals account for half of investments into Kazakh O&G sector
Number of Russian enterprises in Kazakhstan on the rise
Number of Russian enterprises in Kazakhstan on the rise

The number of enterprises with Russian capital has grown nearly 10% in Kazakhstan for the last year: Finance Ministry Tax Committee.

Number of Russian enterprises in Kazakhstan on the rise
Zhanar Aitzhanova. By Yaroslav Radlovsky ©
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.

Kazakhstan and EU to work out a new program of strategic cooperation
Astana to implement projects worth $5 billion within 5 years
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.

Astana to implement projects worth $5 billion within 5 years
Karim Massimov. Photo courtesy of flicr.com
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.

Kazakhstan has learned from Middle East and North Africa: PM Massimov
Kazakhstan GDP grew 6.5% in Q1 2011
Kazakhstan GDP grew 6.5% in Q1 2011

Ministry of Economic Development announced the Q1 2011 economic results. Customs Union yielded noticeable results.

Kazakhstan GDP grew 6.5% in Q1 2011