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Kazakhstan and Great Britain discuss economic cooperation (PHOTO)

Kazakhstan Materials 11 March 2013 20:47 (UTC +04:00)
The delegation of Kazakh group of companies Samruk-Kazyna, headed by CEO Umirzak Shukeyev met with business circles of the UK within their working trip to London, the Department of Public Relations of Samruk-Kazyna said on Monday.
Kazakhstan and Great Britain discuss economic cooperation (PHOTO)

Kazakhstan, Astana, 11 March / Trend D. Mukhtarov /

The delegation of Kazakh group of companies Samruk-Kazyna, headed by CEO Umirzak Shukeyev met with business circles of the UK within their working trip to London, the Department of Public Relations of Samruk-Kazyna said on Monday.

During the meeting, the sides discussed issues of cooperation within projects in the field of financial and legal services, energy and mining, environment, green economy, infrastructure, education and training of highly qualified specialists.

The British side was headed by a member of parliament, the UK Prime Minister's Special Trade Envoy Charles Hendry.

The Kazakh side's interest was generated by a project on production of low-carbon hybrid fuel buses.

The interest of British entrepreneurs in turn was generated by projects related to preparation for EXPO-2017, in particular, construction of the Green Block ecological village in Astana.

"We will carefully consider all of the proposed projects to reach specific agreements during the visit of Prime Minister of Great Britain to Kazakhstan. We fully support investors willing to invest in technology transfer, creation of new jobs and development of local cadres. We use specific tools for that, such as co-investment, guarantees, long-term contracts, the entry into the capital," Umirzak Shukeyev said.

According to Charles Hendry, both sides have big ambitions and interest in cooperation.

"You are wise to want to develop new areas and business directions, and our companies are ready to offer their technologies and experience," he said.

The delegation of Samruk-Kazyna also visited the "oil capital" of the UK - Scottish city of Aberdeen, which is a hub for the development of oil fields in the North Sea, located at a distance of several hundred kilometers from the coast. There is a large number of offices of oil and service companies in the city.

Trip participants became acquainted with Aberdeen's experience in order to use it in the construction of a similar energy hub in Aktau. In addition, meetings were held with leaders of the City Hall and negotiations conducted with major oil service companies on their participation in the construction and operation of the Kazakh hub.

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