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Kazakhstan upgrades production

Oil&Gas Materials 18 May 2011 18:34 (UTC +04:00)

Kazakhstan, Astana, May 18 / Trend, A. Maratov /

Today, 68 projects are being implemented in Kazakhstan to upgrade production, Deputy Prime Minister, Industry and New Technologies Minister Aset Iskeshev said speaking at the 24th meeting of Foreign Investors Council today.

"Today, 68 projects are being implemented in Kazakhstan aimed at upgrading production with investments worth $12 billion," Iskeshev said.

He said a leasing financing mechanism has been already launched through the DBK-Leasing in the amount of 30 billion tenge in order to renew fixed assets of industrial enterprises.

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