Economy News in Brief

Animal breeders plan to bring about 40 thousand brood cows to Kazakhstan. The purpose of such a plan is to arrange the export of inexpensive but good meat into the country. The discussion of this issue was held at the government teleconference chaired by the Prime Minister Serik Akhmetov. About 30 thousand of pure-bred cows were brought to Kazakhstan, 60 new breed livestock farms were opened over the past 2 years. Export-oriented dry feed lots are being constructed. Farmers take part in the “Sybaga” programme, most actively in Almaty, the East Kazakhstan and Karaganda regions.

“Samruk-Green Energy” became the first Kazakh Company which has joined the European Wind Energy Association. On a par with the world’s leading wind energy, “Samruk-Green Energy” has become a full member of the association, which is the most powerful wind energy network. EWEA is the voice of the wind industry, actively promoting wind power in Europe and worldwide. It has over 700 members from almost 60 countries, including wind turbine manufacturers with a leading share of the world wind power market, plus component suppliers, research institutes, national wind and renewables associations, developers, contractors, electricity providers, finance and insurance companies, and consultants. Through the organization of numerous high-level events, EWEA offer unique opportunities to network with the other 700 EWEA members, the Executive Committee, Board, Secretariat and other key industry players.With many years of professional experience and capabilities of EWEA, “Samruk-Green Energy” has the opportunity to participate and represent the interests of Kazakhstan in the international arena of wind power.

Kazakhstan won $1.8 billion in Chinese funding to build a natural-gas pipeline from its oil- rich west to the densely-populated south, and may ship supplies to its East Asian neighbor.The 1,475-kilometer (917-mile) pipe from Beineu to Shymkent will be built by China National Petroleum Corp. and state energy producer KazMunaiGaz National Co. The two companies agreed on plans for its construction in 2008 as China sought gas to feed its burgeoning economy. The line will ship as much as 10 billion cubic meters a year, Kazakhstan’s Oil and Gas Ministry said in September. The link may export gas to China once domestic demand is met, the ministry said. KazTransGaz, based in Astana, is a unit of KazMunaiGaz.

The Eurasian Economic Commission (EEC), which office is located in Moscow, will open its offices in Belarus and Kazakhstan. The relevant draft decision of the EEC Council, approved by the decision of the EEC Board, has been published on the official website of the Eurasian Economic Commission.

According to the draft provision, the office will secure EEC cooperation with the authorities of the hosting country, including in part of preparation of materials, draft decisions and recommendations of the commission regarding the formation and functioning of the Customs Union and the Single Economic Space. The office will be also involved in activities falling within the province of the commission, provide assistance in organizing the sessions of the EEC Council and prepare analytical materials, BelTA has learnt.

The conference was told that another 33 major projects worth 7.5 trillion tenge are being built under PAIID. They include an integrated chemical complex, the modernization of the Atyrau oil refinery, the Western Europe-Western China motorway, the Zhezkazgan-Beineu railway to provide direct cargo access from central Kazakhstan to the west of the country and to Europe, and the Arkalyk-Shubarkol railway, which will reduce the travel distance between the north and centre of the country to 700 km (420 miles) and optimize traffic flows.

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