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CEO of “Baiterek” held several meetings within AEF

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The holding reported that during the meetings Yerbolat Dossayev informed the World Bank Vice President for Europe and Central Asia Cyril Muller about the role of the holding in the process of attracting direct investments to Kazakhstan, and also discussed cooperation with the World Bank Group in perspective directions.

“Within the framework of the National Strategy for Raising Investment by the Government of Kazakhstan, “Baiterek” Holding will provide financial instruments and technical support to interested companies on a “single window” principle, Yerbolat Dossayev said.

Following the meeting, the parties agreed to establish a regular exchange of information concerning possible areas of interaction.

On the sidelines of the Astana Economic Forum, Yerbolat Dossayev also met with Roland Nash, a senior partner and chief investment policy officer of “Verno Capital”. The parties discussed the issues of interaction in the formation of “pipeline” joint investment projects in the field of infrastructure, food industry and other priority sectors of the economy for further financing.

At the meeting with the leadership of the International Finance Corporation, the parties discussed the possibility of deepening cooperation on public-private partnership projects, as well as on supporting business initiatives of small and medium-sized businesses. Separately, the parties discussed the possibility of supporting IFC projects in the field of building energy-efficient housing in the framework of the implementation of “Nurly Zhol” Program.

Also, the Chairman met with Hans-Paul Bruckner, a Chairman of the Board of Directors of “TheBoston Consulting Group” and Peter Marchevsky, a Managing Director of “Thomson Reuters” for CIS countries.

During the meetings, the head of “Baiterek” Holding told about the main activities of the Holding and its subsidiaries in the framework of the updated Holding Strategy. These include the diversification of the economy through the development of large industrial and infrastructure projects, the support for small and medium-sized businesses, the development of housing construction, as well as technology transfer, innovation and export support.

Currently, the current projects portfolio of Kazakhstan, implemented with the assistance of the World Bank, includes 8 investment projects for a total amount of 4.6 billion dollars.

Source: Kazakhstan 2050

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