Momentum Gathers for Western Kazakhstan Development
ASTANA, Kazakhstan, September 17, 2012 /PRNewswire/ –
Western Kazakhstan is about to benefit from a series of development initiatives to be
discussed at the forthcoming Western Kazakhstan Investment Forum: Expanding Production and
Development. The event takes place from 24 to 26 September 2012 in the regional capital,
The Forum has several far-reaching objectives which are focused on developing local
content together with maximising employment opportunities and skills development for the
local communities of this active oil and gas region.
The event will debate the implementation of concrete foreign investment projects in a
range of industrial sectors. Whilst considerable emphasis will be on the oil and gas
industry supply chain, many non-energy sectors will also be featured, including
agriculture, tourism, renewable energy, water treatment and civil, industrial and
The project is the initiative of the country’s national oil company, KazMunayGas. One
of the Forum highlights will be the announcement of the best ten commercial opportunities
for the supply of goods to the oil and gas industry that have been identified to develop
in co-operation with foreign companies.
Speakers include government ministers; Sauat Mynbaev, Aset Isekeshev, Gulshara
Abdykalikova and KazMunayGas Chairman, Lyazzat Kiinov. The rank of these and several other
speakers illustrates the importance of the development programme. Furthermore, there is no
charge for delegates who will be drawn from a range of senior-level business people
wishing to take advantage of forthcoming investment opportunities and commercial
partnerships in the region.
The Western Kazakhstan Investment Forum will be a platform for forging links across a
spectrum of industries at Government level and with large and medium-sized business in the
private sector. The event will also include excursions to production facilities in the
country’s Mangystau Region.
Speaking about the event, Chairman of the Britain-Kazakhstan Parliamentary Group and
as advisor to the Chairman of KazMunaiGas in Local Content Development, Lord Waverley,
said. “This is a new and vibrant market with immense economic potential. It is imperative
that the development of the region benefits the local community in the immediate and long
term. There will be a series of announcements and presentations at the Forum that will
highlight the serious intentions of the Kazakhstan Government to stimulate economic growth
in the west of the country, as well as the significant opportunities for companies who are
seeking to become partners in that growth.
More information about the Forum can be found at http://www.westkazinvest.org
Boris Danilenko, Tel: +7-727-258-3434, e-mail: Boris.Danilenko@iteca.kz
SOURCE Western Kazakhstan Investment Forum