Private business in Kazakhstan and Russia is able to support modernization reforms — Kazakh Head of State

YEKATERINBURG. November 11. KAZINFORM - Private business in Kazakhstan and Russia is able to support modernization reforms. This opinion has been expressed by the President Nursultan Nazarbayev at the X Forum of Interregional Cooperation between the Republic of Kazakhstan and the Russian Federation.
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"Private business of Kazakhstan and Russia is able to support new innovative industrial projects and modernization reforms of our governments", said Nazarbayev.

"Russia and Kazakhstan naturally complement each other in mining and metallurgical industry. Traditionally, Kostanay region supplies to Russia's metallurgical industries pellet and Pavlodar - aluminum raw materials", added the President.

Nazarbayev said that the Russian company called "Evraz Holding" is completing construction of the rolling plant in Kostanay region which annual capacity will be 450,000 tons of heavy section mill products.

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