Baku, Azerbaijan, Aug. 10
By Elena Kosolapova - Trend:
In 2015, Kazakh National Welfare Fund "Samruk-Kazyna" plans to commission 20 projects worth $5.9 billion, Chief Business Development Director of "Samruk-Kazyna" JSC Berik Beisengaliyev said Aug.10 at a press conference, the message of the fund said.
About 11,000 temporary and about 6,000 permanent jobs will be created as the result of this, the message said.
Beisengaliyev also said that the fund is working hard to attract investments.
The investment portfolio of the fund currently consists of 161 projects worth about $121 billion. In the overall structure of the financing of investment projects of the fund, its own funds amount to about 27 percent, loans - 73 percent. Thus, three dollars of foreign investment are attracted for every invested dollar of the fund.
"Creating a favorable investment climate is one of the key objectives of the fund," Beisengaliyev said. "The fund is actively working to establish cooperation with leading anchor investor companies from the CIS countries, Europe, USA and Asia."
He also said that the fund plans to shift to investments in priority sectors of the economy with a focus on non-extractive sector within the framework of the transformation program. The priorities during the selection of projects will become the diversification of Kazakh economy, the creation of new industries with an innovative component, as well as the transfer of new technologies.
"Samruk-Kazyna" implements 11 projects worth $24.1 billion within the framework of the State program of forced industrial-innovative development, which accounts for 73 percent of the total investment of all projects of the country in the Republican map of industrialization.
Implementation of these projects will create more than 23,000 temporary and more than 4,400 permanent jobs.
The fund implemented seven projects totaling $3.1 billion (with the creation of more than 7,200 temporary and more than 1,300 permanent jobs) within the framework of the program "Nurly Jol".
The message said that in order to maintain economic growth, in the last three years the fund commissioned 35 projects worth $6.9 billion with the creation of more than 15,700 of temporary and more than 7,100 permanent jobs.
Edited by CN
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