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Islamic Development Bank to invest $1.2 billion into the Kazakhstan’s economy in 2011-2012

The funds will be injected into the agriculture, transport infrastructure and development of Islamic finance in Kazakhstan.

Islamic Development Bank to invest $1.2 billion into the Kazakhstan’s economy in 2011-2012
PM Massimov meeting UAE Minister of Economy Sultan Bin Saeed Al Mansouri
Kazakhstan’s PM Karim Massimov had a number of meetings on the sidelines of the 7th World Islamic Economic Forum

Kazakhstan is the first nation of Central Asia to host a World Islamic Economic Forum.

Kazakhstan’s PM Karim Massimov had a number of meetings on the sidelines of the 7th World Islamic Economic Forum
Karim Massimov. Photo cortesy of government.kz
Few economies can compare favorably with Kazakhstan’s achievements: PM Massimov

The national GDP has grown 12 times, reaching $9 000 per capita. Even against the backdrop of the global recession our economy continued to grow, Kazakhstan’s PM Massimov said when opening the women’s forum within the 7th World Islamic Economic Forum in Astana.

Few economies can compare favorably with Kazakhstan’s achievements: PM Massimov
Datuk Seri Najib Tun Razak. Photo courtesy of azannews.com
Malaysia’s Prime Minister Datuk Seri Najib Tun Razak arrives in Kazakhstan

Within his official visit, Malaysia’s Prime Minister is expected to have talks with Kazakhstan’s President Nazarbayev and Prime Minister Massimov.

Malaysia’s Prime Minister Datuk Seri Najib Tun Razak arrives in Kazakhstan
Nur Astana mosque in Astana. Photo courtesy of astana.kz
7 countries have already confirmed participation in the 7th World Islamic Economic Forum

Kazakhstan will be the first nation of Central Asia to host a World Islamic Economic Forum.

7 countries have already confirmed participation in the 7th World Islamic Economic Forum