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Kazakhstan’s president expects US companies' participation in EXPO-2017

The president informed top management of major US companies and financial institutions, including Guggenheim, JP Morgan, Pfizer, Blackstone and others about priorities of the country’s development

Kazakhstan’s President Nursultan Nazarbayev Mikhail Klimentyev/Russian Presidential Press and Information Office/TASS

Kazakhstan’s President Nursultan Nazarbayev

© Mikhail Klimentyev/Russian Presidential Press and Information Office/TASS

ASTANA, September 28. /TASS/. Kazakhstan’s President Nursultan Nazarbayev has discussed more active participation of US investors in development of the republic’s economy and possible cooperation in organisation of an international financial centre in the country’s capital city Astana, the presidential press service said on Monday.

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The president informed top management of major US companies and financial institutions, including Guggenheim, JP Morgan, Pfizer, Blackstone and others about priorities of the country’s development, the press service said.

"Those include implementation of five institutional reforms, improvement of the investment climate, privatisation and big infrastructural projects at the Nurly Zhol housing construction state programme," the press release reads.

"The president focused on the EXPO-2017 exhibition and on organisation on its basis of an international financial centre in Astana," the press service said. "He expressed confidence the US companies will participate actively in those projects."

The republic’s head also said during first years after Kazakhstan received the independence, some U.S. companies "demonstrated an example of profitable investments in Kazakhstan." Nowadays, the US companies are represented "in practically all spheres of the Kazak economy."

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