Astana to host 24th plenary meeting of Foreign Investors’ Council chaired by Kazakh President

May 18. KAZINFORM. ASTANA

Astana to host 24th plenary meeting of Foreign Investors' Council chaired by Kazakh PresidentThe 24th plenary meeting of the Foreign Investors’ Council chaired by the President of Kazakhstan starts its work today in Astana at the Nazarbayev University. The theme of the session is “Modernization and renovation of Kazakhstan’s enterprises”.

The Foreign Investors’ Council (FIC) is an advisory body to promote direct dialogue between the Government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country, to improve the investment climate of Kazakhstan for the benefit of foreign investors, local and national companies, the economic development and wealth of the country and its people.

http://www.inform.kz/eng/article/2380757

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USD 3 bln be channeled for updating of 3 Kazakh refineries

May 18. KAZINFORM. ASTANA

Askar Bimendin

“Modernization of three largest refineries by 2015 will let achieve flow of output meeting Euro-5 standards,” Vice Premier – Minister of Industry and New Technologies Aset Issekeshev told at today’s plenary meeting of the Foreign Investors’ Council chaired by the President.

“The Government and Ministry of Oil and Gas are engaged in realizing a modernization program of three refineries until 2015. USD 3 bln will be invested. It will let process above 17 mln tons of oil per year, and turn out products meeting Euro-5 standards,” Issekeshev noted.

Samruk-Kazyna and KazMunayGaz have already proceeded to realization of the project on updating the Atyrau refinery.

http://www.inform.kz/eng/article/2380809

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Kazakh Industrialization Map numbers 469 projects with investments up to USD 50 bln

 

May 18. KAZINFORM. ASTANA

Serik Sabekov

“The Industrialization Map of Kazakhstan contains 469 projects with the volume of investments amounting to above USD 50 bln,” Vice Premier – Minister of Industry and New Technologies Aset Issekeshev said addressing the 24th plenary meeting of the Foreign Investors’ Council chaired by the President.

Kazakhstan started realization of the five-year forced industrial and innovation development program in 2010. “The policy of the new industrialization is gradually gaining momentum. For the first year of its fulfillment we have launched 152 new productions,” Issekeshev made public.

As a result of investment agreements, more than USD 7 billion will be invested into the modernization of the energy sector of Kazakhstan till 2015.

http://www.inform.kz/eng/article/2380816

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ArcelorMittal Temirtau updating foresees USD 1 bln of investments, Issekeshev

 

May 18. KAZINFORM. ASTANA

Askar Bimendin

“The Kazakh Government and ArcelorMittal Temirtau have prepared a modernization package plan aimed at stepping up of steel making up to 6 mln tons per year,” Vice Premier – Minister of Industry and New Technologies Aset Issekeshev made it public at the 24th plenary meeting of the Foreign Investors’ Council chaired by the President.

The total volume of investments will hit about USD 1 bln. Realization of this project will let increase working efficiency, environmental and other aspects of the production.

http://www.inform.kz/eng/article/2380842

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