K. Kelimbetov: Conclusion of promising contracts with foreign investors – new stage in implementation of industrial-innovative development program
June 3. KAZINFORM. ALMATY
Conclusion of promising contracts with foreign investors is a new stage in the country’s economic development within the industrialization program, Chairman of SamrukKazyna National Welfare Fund Kairat Kelimbetov said at the IV Kazakhstan Investment Forum in Almaty today.
Following the first day of the Investment Forum nine large agreements between the leading national companies of the country (KazMunayGas, Kazakhstan Temir Zholy and other business structures) with the European and Asian investors have been signed. The Head of SamrukKazyna noted their importance for national economy. The documents regard transport engineering, petrochemistry and other sectors of economy.
In particular, SamrukKazyna Fund and the European Bank for Reconstruction and Development have entered into an agreement on establishment of a Kazakhstan Capital Restructuring Fund С.V. “Kazyna Capital Management” JSC and ADM Capital International Company are the initial investors of the Fund.
At the initial stage capitalization of the new Fund will make USD 100 mln.
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Contracts signed in Almaty symbolize new stage in Industrialization Program’s realization: K.Kelimbetov
June 4. KAZINFORM. ALMATY
Nine contracts and memos on cooperation with leading world companies were signed in Almaty during the IV Kazakhstan Investment Summit.
The documents were signed in the presence of Kazakh Prime Minister Karim Massimov and Vice Prime Minister – Minister of Industry and New Technologies Asset Issekeshev.
“These contracts symbolize a new stage in realization of the Forced Industrial-Innovative Development Program of Kazakhstan. They prove the great interest of world investors in the Kazakh investment potential”, Chairman of the Board of “Samruk Kazyna” National Welfare Fund Kairat Kelimbetov said upon signing the documents.
K.Kelimbetov and Thomas Mirow, the President of the European Bank for Reconstruction and Development (EBRD) signed contract on cooperation between the EBRD and “Kazyna Capital Management” Company. Memo on cooperation in the field of renewable energy was signed between the Kazakh Ministry of Industry and New Technologies and Korea Electric Power Corporation and Samsung C&T Corporation.
Memo on mutual understanding in joint realization of strategic initiatives in the field of railway transport was signed between “Kazakhstan Temir Zholy” Company and EBRD.