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Investment projects worth over $51 billion will be implemented in Kazakhstan

17 April 2013 19:06 (UTC+04:00)
Investment projects worth over $51 billion will be implemented in  Kazakhstan

Kazakhstan's Sovereign Welfare Fund "Samruk-Kazyna" is planning to implement 83 investment projects worth more than $ 51 billion in the future.

"To date, the fund via its principal subsidiaries is engaged in the implementation of 100 investment projects worth more than $81 billion. Now, the possibility of realization of other 83 investment projects worth $51.7 billion is being considered now," the fund reported.

According to the report, currently, much attention is paid to investing in areas with high growth potential: alternative energy, chemical and petrochemical industry, transportation, infrastructure, engineering, information technologies, innovative projects and the transfer of advanced technology.

Besides creating large industrial enterprises in traditional sectors, the fund focuses on the development of new activity directions of its subsidiaries related to the development of medium and small projects with the direct participation of entrepreneurs.

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