BAKU, Azerbaijan, Nov. 12
By Nargiz Sadikhova - Trend:
Eurasian Development Bank (EDB) and Kazakhstan’s KAZAKH INVEST National Company signed a memorandum on the implementation of investment projects in Kazakhstan, Trend reports citing KAZAKH INVEST.
The joint work within the memorandum will be carried out in financing investment projects, as well as the exchange of experience and knowledge.
Within the framework of the memorandum, the EDB will consider the possibility of financing investment projects proposed by KAZAKH INVEST, thereby contributing to the sustainable socio-economic development of priority sectors of the economy of Kazakhstan.
The Eurasian Development Bank is an international financial institution established to promote economic growth in its member states, extend trade and economic ties among them, and support integration through investment.
The Bank was founded by an international treaty – the Agreement Establishing the Eurasian Development Bank- signed by the authorized representatives of the Governments of Russia and Kazakhstan on 12 January 2006 at the initiative of the Presidents of both countries.
National Company KAZAKH INVEST JSC was established in order to promote the sustainable socio-economic development of Kazakhstan by attracting foreign investment in priority sectors of the economy and comprehensive support of investment projects.
---
Follow the author on Twitter: @nargiz_sadikh