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Kazakhs, Kyrgyz create US $100m investment fund
BISHKEK – Kyrgyz and Kazakhstani officials will create a US $100m (4.5 billion KGS or 14.6 billion KZT) investment fund, Kazakhstan Today reported June 27. An accord was signed during a visit by a delegation from Kazakhstan’s Samruk-Kazyna sovereign wealth fund.
The fund will finance Kyrgyz business ventures in energy, telecoms, transport infrastructure, tourism and other fields.
Officials also signed an agreement for Kyrgyzgaz and KazTransGaz to supply gas to northern and southern Kazakhstan, and a deal for Kyrgyzaltyn and Kazatomprom to mine uranium in Kyrgyzstan.