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Kyrgyzstan specifies projects with Kazakh investment fund 'Samruk-Kazyna'

Business Materials 23 June 2011 11:57 (UTC +04:00)
Government of Kyrgyzstan specified participation projects with Kazakh investment fund "Samruk-Kazyna", First vice-Prime Minister of the Kyrgyz Republic Omurbek Babanov said.
Kyrgyzstan specifies projects with Kazakh investment fund 'Samruk-Kazyna'

Azerbaijan, Baku, 23 June/ Trend/

Government of Kyrgyzstan specified participation projects with Kazakh investment fund "Samruk-Kazyna", First vice-Prime Minister of the Kyrgyz Republic Omurbek Babanov said at a meeting with members of government and representatives of "Samruk-Kazyna".

"We do not have contradictions with Kazakhstan. Historically we live side by side, but there are issues that we have been discussing for several years. This is, first of all, establishing joint investment fund," 24kg quoted Babanov as saying.

Kyrgyzstan offers Kazakh investment fund several investment projects. First of all, participation in construction of power transmission line "Datka - Kemin", an export-oriented project of exporting electricity to south of Kazakhstan.

There are also projects on HEP construction and investment in banking sector.

"We have Kazakh capital in the country represented by "Khalyk Bank", as well as mining companies", Babanov said. "Thus, we hope that Taldy-Bulak Levoberezhny deposit will be put into operation within 3 years".

Kyrgyzstan is also interested in gas import from Kazakhstan, he said and stressed the importance to learn the experience of "Samruk-Kazyna" in state assets management.

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