site.news_by_theme investment

Kazakhstan to invest to neighboring Kyrgyzstan

The two nations have agreed to establish a joint venture fund of $100 million.

Kazakhstan to invest to neighboring Kyrgyzstan
Kyrgyzstan offers Samruk Kazyna investment opportunities

Besides, at today’s meeting of the Kyrgyz Government with the Kazakh delegation the sides discussed a possible joint investment fund of $100 million.

Kyrgyzstan offers Samruk Kazyna investment opportunities
Vice Prime Minister Yerbol Orynbayev. Photo courtesy of focus.kz
Kazakhstan is CIS leader by foreign investments per capita

Attraction of foreign investments will become a reliable foundation of stable long-term economic development of Kazakhstan: Yerbol Orynbayev.

Kazakhstan is CIS leader by foreign investments per capita
Samruk Kazyna may bid for KyrgyzMobile Company

Executives of Samruk-Kazyna Sovereign Wealth Fund will be visiting Kyrgyzstan within a few days.

Samruk Kazyna may bid for KyrgyzMobile Company
First Vice Prime-Minister of Kyrgyzstan Omurbek Babanov. Photo courtesy of respublica.kg
Kyrgyz-Kazakh investment fund to open in Bishkek

Kazakhstan is planning to invest into Kyrgyzstan. Kyrgyz-Kazakh investment fund will be created in Kyrgyzstan with the capital of $100 million.

Kyrgyz-Kazakh investment fund to open in Bishkek
Bolat Zhamishev. By Serik Turlybekov ©
Islamic securities of interest to private companies: Kazakhstan’s Finance Minister Bolat Zhamishev

The Minister informed that respective amendments [enabling to issue Islamic securities in Kazakhstan] will be adopted within a month.

Islamic securities of interest to private companies: Kazakhstan’s Finance Minister Bolat Zhamishev
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
RIA Novosti ©
Saudi Arabia eager to invest to Kazakhstan: Minister of Finance Ibrahim Al Assaf

June 7 Kazakhstan and Saudi Arabia signed an agreement on avoidance of double taxation and prevention of tax evasion.

Saudi Arabia eager to invest to Kazakhstan: Minister of Finance Ibrahim Al Assaf
Kazakhstan is among the top three attractive markets in the CIS: John Ferraro, COO of Ernst & Young
Kazakhstan is among the top three attractive markets in the CIS: John Ferraro, COO of Ernst & Young

According to him, the nation’s location is “just ideal”.

Kazakhstan is among the top three attractive markets in the CIS: John Ferraro, COO of Ernst & Young
Nursultan Nazarbayev. ©REUTERS
Nazarbayev called foreign investors to channel 1% of profits into innovations

Big investment companies have to allocate at least one percent of their profits to development and implementation of innovations: Nursultan Nazarbayev.

Nazarbayev called foreign investors to channel 1% of profits into innovations
Sauat Mynbayev
China's involvement only 22%, no reasons for panic: Mynbayev

We can do without investments in oil and gas even with a lot of money available: Sauat Mynbayev.

China's involvement only 22%, no reasons for panic: Mynbayev
No threat of Chinese expansion: Kazakhstan’s Ministry of Industry and New Technology
No threat of Chinese expansion: Kazakhstan’s Ministry of Industry and New Technology

The rumors of possible lease of agricultural lands to China for 99 years are far from the being the truth, the Ministry’s press-release reads.

No threat of Chinese expansion: Kazakhstan’s Ministry of Industry and New Technology
Nursultan Nazarbayev, Karim Massimov and Thomas Mirow at the XXIV plenary session of the Foreign Investors’ Council (FIC). Photo courtesy of pm.kz.
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.

Kazakhstan should be international logistics hub by 2016: President Nazarbayev
Nursultan Nazarbayev. Photo courtesy of nazarbayev2011.kz
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.

In 2011 we plan to launch over 200 industrialization projects: President Nazarbayev
Sauat Mynbayev. Photo courtesy of focus.kz
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.

Oil and gas Minister Mynbayev does not rule out suspension at Karachaganak
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.

Astana hosting 24th plenary session of Foreign Investors’ Council (FIC)
Photo courtesy of newskaz.ru
Ministry of Economic Development and Trade unveils a detailed plan to secure 7% GDP growth

To secure GDP annual growth at 7%, capital investments for the period of 2011-2015 should grow by 58.5% against 2010: Kairat Kelimbetov, Minister Economic Development and Trade.

Ministry of Economic Development and Trade unveils a detailed plan to secure 7% GDP growth
By Yaroslav Radlovsky ©
EBRD to invest to Kazakhstan $1 billion this year

The Bank’s current obligations to invest into Kazakhstan in future to finance projects in various sectors make up $2.8 billion Euro: Finance Minister Bolat Zhamishev.

EBRD to invest to Kazakhstan $1 billion this year
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
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