Kazakhstan Development Bank turns into key institute for investment and infrastructure projects financing - Industry Minister
11:29, 8 July 2009
ANA. July 8. KAZINFORM /Aigul Tulekbayeva/ Kazakhstan Development Bank turns into a key institute for investment and infrastructure projects financing, Minister of Industry and Trade Asset Issekeshev has said at a meeting with borrowers, entrepreneurs, reps of state bodies and sectoral associations today, Kazinform reports.
Along with this the Minister noted that the Kazakh Government set to elaboration of a new development program. He also informed of the proposals regarding "bank's capitalization and budget loans organization" which would be submitted to the Cabinet. These propositions are directed on provision of favorable conditions on priority investment projects. However A. Issekeshev highlighted that the Bank must reconsider the procedures "to be more transparent and flexible", "to let every businessman get proper consultations and decisions".