The EBRD plans to provide USD 1bn to finance projects aimed at diversifying Kazakh economy. The funds will be invested in projects to be indentified in collaboration with the Kazakh Ministry of Industry and Trade and the national welfare fund SamrukKazyna, the bank said. The EBRD also stated that it will consider providing equity and debt financing for eligible projects and will seek to mobilise necessary technical assistance for their implementation. To remind you, the EBRD approved recently strategy for Kazakhstan which is aimed at diversifying Kazakh economy.
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Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more