Kazak Premier to Shop for Investments at Bishkek Business Forum

Kazak Premier to Shop for Investments at Bishkek Business Forum

Friday, 6 July, 2007
IWPR

IWPR

Institute for War & Peace Reporting

Kazakstan’s prime minister Karim Masimov will be looking for investment opportunities in Kyrgyzstan when he attends a business-forum in Bishkek on July 11.



Kazakstan expressed an interest in investing in Kyrgyz hydroelectric energy, tourism and banking at the last major business-forum in Almaty in September 2006, but political instability and bureaucracy in Kyrgyzstan were a turn-off.



Last year, Kazakhstan invested 28 million US dollars in Kyrgyzstan’s economy.





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