16 May 2012, 09:32
Pavlodar region to attract foreign investments
PAVLODAR. May 16. KAZINFORM The National Agency for Export and Investments "Kaznex Invest" and Social and Entrepreneurial Corporation "Pavlodar" signed a Memorandum of Mutual Understanding, corporation's press service reports.
JSC "Kaznex Invest" will aid enterprises of the region to attract potential investors.
The Social and Entrepreneurial Corporation "Pavlodar" is to accompany and consult foreign investors in the region, and look for local partners and production sites for implementation of new projects.
The memorandum will be an important mechanism in boosting Kazakhstani business competitiveness, helping develop the international commercial ties, increasing investments and transfer of technologies into priority sectors of economy - chemical and oil-refining industry, metallurgy and agriculture.
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KazMunayGas' recoverable oil reserves exceed 800 mln tons
ASTANA. KAZINFORM - The recoverable oil reserves, accounting for the Kazakh national oil and gas company 'KazMunayGas', stood at over 800 million tons, chairman of KazMunayGas' board, Sauat Mynbayev told Trend.