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ASTANA (TCA) — The Stock Exchange of the Astana International Financial Center (AIFC) is ready to start trading from January 1, 2018, AIFC Governor Kairat Kelimbetov said at the meeting of Kazakhstan’s Government on December 4, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Kazakhstan is set to develop urban Energy Efficiency Plans for its two largest cities – Astana and Almaty. A new study, conducted jointly by city municipalities and the World Bank, outlines key improvements to be made in the energy sector of the two cities within the next 15 years, allowing savings of up to 25% on total energy consumption, the World Bank said in a press release on November 28. Continue reading
ASTANA (TCA) — Investment opportunities of Kazakhstan and Astana International Financial Center (AIFC) were presented on November 9 to government and private business officials of Great Britain during the Kazakh-British Investment Forum in London City, the official website of the Prime Minister of Kazakhstan reported. The event was organized by London City Corporation, AIFC and National Company Kazakh Invest, and supported by Kazakhstan’s Embassy in the UK. During the Forum, welcome speeches were delivered by Ambassador of Kazakhstan to the UK Yerlan Idrissov, Ambassador of Great Britain to Kazakhstan Caroline Brown, AIFC Governor Kairat Kelimbetov, and Deputy Chairman of the Board of Kazakh Invest Birzhan Kaneshev, as well as London City Lord Mayor Andrew Parmly and Trade Envoy of the UK Prime Minister to Kazakhstan, Baroness Emma Nicholson. Yerlan Idrissov noted in his speech that for 25-year history of cooperation, the status of relationships between Kazakhstan and Great Britain reached the level of strategic partnership. "Based on strong and trusting relations, our countries actively cooperate in the implementation of such priority projects as creation and development of AIFC, the program of privatization of Kazakhstan’s national companies, interaction within the framework of the Chinese initiative One Belt, One Road," the Kazakh ambassador to Great Britain said. Ambassador of Great Britain to Kazakhstan Caroline Brown said that “International confidence is a key to success of Astana International Financial Center. The more investors from Great Britain and other countries and a variety of economic sectors consider the investment opportunities in Kazakhstan, the more will be the role of AIFC in providing financial and juridical services that investors will need.” Kairat Kelimbetov, the Governor of AIFC, mentioned during his speech that the platform being built provides for numerous privileges for investors and those advantages should be supportive in creating comfortable conditions of investment inflow to Kazakhstan. “AIFC is well placed to become a Eurasian gate providing trade and financial flows between East and West countries,” Kelimbetov said. Deputy Chairman of Kazakh Invest Birzhan Kaneshev said that “The total direct investments volume from the UK to Kazakh economy exceeds $12 billion. According to the National Investment Strategy of Kazakhstan, Great Britain is one of the high-priority countries in the context of investment attraction, which makes collaboration between our countries even stronger.”
ASTANA (TCA) — Kazakhstan’s Foreign Ministry today announced the date for the next round of multilateral Syrian peace talks which are set to take place in the country's capital, Astana, Sputnik news agency reported. Continue reading
ASTANA (TCA) — The hosting of the international exhibition Expo-2017 in Astana this past summer allowed national company Kazakh Invest to attract large foreign investors to Kazakhstan, Kazakh Invest Deputy Chairman Birzhan Kaneshev said at a press conference on October 11, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — A giant globe flanked by a pair of hardly less modest looking humps on either side, surrounded by several blocks of square buildings on the desolate outskirts of Astana – itself not exactly an organic urban centre and in turn located in an endless barren environment. This is what is left of the complex hosting this year’s EXPO through summer. What to do with it next only exists on the minds of people in high places, and it remains unclear whether the structure can endure the region’s harsh winters when snow is man-high and temperatures are down to minus 20 during the day and minus 35 at night for half of the year. Continue reading
