Kazakh leader suggests developing 'road map' of coop between Kazakhstan and European Investment Bank

During the talks the Kazakh leader appreciated the Bank's readiness to develop cooperation with Kazakhstan. It was noted that the EIB was considered as a key partner in the issues of investment attraction to Kazakh economy; the Presidential press service told Kazinform.

"The Framework Agreement signed between Kazakhstan and the EIB lays foundation to mutually beneficial cooperation in the future. This will allow Kazakhstan to attract long-term and relatively inexpensive credit resources, first of all in infrastructural projects", N. Nazarbayev stressed.

The Kazakh President suggested developing a 'road map' of cooperation between Kazakhstan and the EIB, which must reflect specific projects for medium- and long-term perspective.

It was noted that the creation of the Customs Union made Kazakh market attractive for European investments not only in oil and gas and energy branches, but also in transit-transport infrastructure, agricultural and industrial-innovative spheres. Kazakhstan is also interested in attraction of the Bank to the projects on development of renewable energy sources, water management and etc.

The Head of the State invited Mr. Maystadt to take part in the regular sitting of the Foreign Investors' Council planned for June in Almaty.