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Nur-Sultan - Kazakhstan
22 June 2017
Participation in the 30th plenary meeting of Foreign Investors Council
​"Astana Expo-2017" Exhibition Complex

During the plenary session, the Head of the State has noted that the world is actively seeking new sources of energy and is on the verge of a technological breakthrough.

-The ideology of holding EXPO-2017 in Astana this year is to unite the efforts of states aimed at developing clean energy, Nursultan Nazarbayev said.

The President of Kazakhstan named the mixed system of energy production as the most acceptable for our country.

- It implies the development of energy from traditional sources with the parallel development of renewable energy. We have enormous potential for renewable energy sources (RES). Wind energy is estimated at 920 billion kilowatt hours per year. The country's hydro potential is 62 billion kilowatt hours. The potential of solar energy reaches 2.5 billion kilowatt-hours per year, Nursultan Nazarbayev said.

Along with this, the President of Kazakhstan noted that “Future Energy” International Center for Development of Green Technologies and Investments is being created on the basis of Astana Expo.

In addition, the Kazakh leader pointed to the need to continue work on improving the business climate, development of "green" finance, and technology using rare earth metals.

Nursultan Nazarbayev has also stressed the high urgency of building up own scientific and technical potential and paid special attention to the issue of the RES sector’s further development.

In conclusion, the President of Kazakhstan, wishing success to all, noted that the Council’s long-term work deserves high praise, and all proposals voiced at the meeting will be considered by the Government and taken into account in further work.

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