Speculative investors withdrew $3 billion from Kazakhstan in summer: Gregory Marchenko
According to him, the money had been invested to Kazakhstan’s instruments in February – May in hope for the tenge appreciation.
Government to come up with a new nation-wide action plan to attract investments
According to Minister of Industry and Trade, every ambassador, every minister, every head of a national company, every regional governor will have a certain target to hit in terms of investments attracted.
Karachaganak Petroleum Operating (KPO) agrees to sell 10% in Karachaganak to Kazakhstan
Consortium participants have submitted to the Government a draft memorandum outlining the agreement.
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”.
Royal Dutch Shell to be able to get back to Kazakhstan: Minister of Oil and Gas Sauat Mynbayev
His comments followed the decision of the energy giant Royal Dutch Shell to close its offices in Kazakhstan on May 30, after laying off its staff.
Kazakhstan’s Prime Minister Karim Massimov meets Board of Directors of Nazarbayev University
When speaking at the sitting of the Foreign Investors Council May 18, President Nazarbayev called the Council’s members to invest into the University’s development.
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.
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.
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.
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.
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.
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.
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.
76% say investments into Kazakhstan sucessful: Ernst & Young
According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.