Events

18 May 2011
President Nursultan Nazarbayev Holds Bilateral Meetings on the Sidelines of the 24th Plenary Session of the Foreign Investors’ Council

The President received President of the European Bank for Reconstruction and Development Thomas Mirow. The sides discussed bilateral cooperation and the agenda of the upcoming EBRD Annual Meeting in Astana.

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The President also held a meeting with Paolo Scaroni, Eni Chief Executive Officer and General Manager.

A range of issues on investment cooperation and realization of the company’s projects in Kazakhstan was discussed in the course of the meeting.

“During the talks with Mr. President, we discussed the status of all projects, including Kashagan which has seen substantial progress. In this project the first oil is expected in December 2012 or two-three months later than that. We also discussed Karachaganak project. The field is going to be further developed to boost gas production output. We have discussed the status of the agreement between Eni and KazMunaiGas. The agreement covers a number of directions – oil processing, gas processing, and construction projects at the Caspian Sea. President Nazarbayev supports us in all the directions. I congratulated the President on the victory at the presidential elections. Today we discussed the theme of industrialization and modernization of Kazakhstan. Much work had been done over the last years but we have to much work ahead. Kazakhstan is on its right way and we observe sufficient progress throughout the country. All partners whop participated in the session today affirmed their preparedness to contribute to Kazakhstan’s modernization and industrialization,” Paolo Scaroni said.

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President Nursultan Nazarbayev held a meeting with President and CEO of TeliaSonera Lars Nyberg.

The issues on bilateral cooperation were discussed at the meeting.

“We discussed the issues on further expanding of coverage and speed of data transfer. We have been working in Kazakhstan for 10 years and could achieve good results. We have confidence about business environment and a lot of prospects to further invest in Kazakhstan, “ Lars Nyberg highglighted at a press briefing.

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President Nursultan Nazarbayev held a meeting with Frans Muller, Member of METRO Group’s Management Board and CEO of METRO Cash & Carry.

The sides discussed the state and prospects for the bilateral cooperation.

METRO Group has been operating in Kazakhstan since 2009. We have opened 5 stores in the country. Today we discussed our expansion plans as well opportunities for international investors to develop Kazakhstan’s participation. We are no doubt that initiatives on industrialization put forward by the President are very important for the country. For Kazakhstan it is important to be a competitive country not only domestically but on the international level. Industrialization means improvement of all processes: infrastructure and qualified personnel, “ Frans Muller said at a press briefing.

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The President held a meeting with Chairman of Sberbank German Gref.

The issues on investment cooperation as well as the issues considered at the plenary session of the foreign Investors’ Council were discussed in the course of the meeting.


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