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On February 26, TBY met with the Governing Board members of the Kazakhstan Foreign Investors' Council Association (KFICA), a Council chaired by President of Republic of Kazakhstan Nazarbayev, to discuss how Kazakhstan may be affected by the China's Belt and Road Initiative (BRI).
On February 26, 2018, TBY met with the Governing Board members of the Kazakhstan Foreign Investors' Council Association (KFICA), a Council chaired by President of Republic of Kazakhstan Nazarbayev, to discuss how Kazakhstan can be affected by the China's Belt and Road Initiative (BRI).
With some of the country's leading policy-makers, investors, consultants and financiers, TBY's roundtable was organized jointly with the KFICA, and held at the Ritz Carlton Almaty. The KFICA represents the 33 investor companies selected by President Nursultan Nazarbayev to be members of his Foreign
Investors' Council and to advise him and the Kazakhstan government on important investment issues. The BRI is a trillion dollar infrastructure, transportation, and communication network connecting China with Europe via Central Asia and the Indian Ocean. Its visionaries hope it will be the new Silk Road of our times. As Erlan Khairov, Chairman of the Committee on Investments, Ministry of Investments and Development, explains, “it consists of a series special priority projects between the two countries, some 51 undertakings worth a total USD27.7 billion."
Full coverage of the roundtable can be found in The Business Year: Kazakhstan 2018.
The Ritz-Carlton, Almaty
Esentai Tower, 77/7 Al Farabi Avenue Almaty, 050040 Kazakhstan
The Business Year
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Erlan Dosymbekov is Co-Chair of the FIC Investment Policy Working Group.
Erlan Khairov is Chairman of the Committee on Investments of the Ministry of Investments and Development.
Andrey Kurilin is CEO of Citibank Kazakhstan.
Curtis Masters is Director and Partner of Baker McKenzie Kazakhstan.
Dr. Agris Preimanis is Director of the EBRD.
The Foreign Investors' Council (FIC) chaired by the President of the Republic of Kazakhstan is an advisory body established by the Order of the Head of State (#3985 dated 30 June, 1998) to promote direct dialogue between the Government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country, to improve the investment climate of Kazakhstan for the benefit of foreign investors, local and national companies, the economic development and wealth of the country and its people.