World Monitor Magazine April 2017 - Page 46

«ATYRAU INVEST 2017» International Investment forum was held in Atyrau Atyrau, April,12, 2017year:«ATYRAU INVEST - 2017»IV International Investment Forumwas held from the period of April,11 to April,12,2017 year, more than500 representatives of business, potential investor companies, national companies and institutes of developmentlocal public authorities, participants from near and far-abroad countriesand diplomatic missions representatives. Informing on the investment potential of Atyrau region, investments attraction in specific investment projects and the region economy was the main purpose of the Forum holding. The Plenary session speakers were:Michel Petermans - the Extraordinary and Plenipotentiary Ambassador of Belgium in the Republic of Kazakhstan, Natalya Levinson – the Vice-governor – deputy Prime-Minister of Orenburg region for financial and economic policy. Maxim Shikhalov – the Minister of Industry and Energy of Saratov region of RF. UzakbaySuleymenovichKarabalin - the vice-chairman of "KAZENERGY" ALE Association, the Board member of JSC "National company"KazMunayGas". BolatZhamishev – The Chairman of the Board in “Kazakhstan Development Bank” JSC. TuyakbayevSaparbekKurakbayevich - the Chairman of Committee of Investments of the Ministry of Investments and Development of RK and others. world monitor Two Panel sessions have taken place within the IV International Investment Forum: "Oil and gas cluster as one of instruments of the region competitiveness increase" and "Project management or investments efficiency conditions". Efficiency development aspects of cluster approach in oil and gas sector were discussed within the first panel session. In the process of the second panel session the participants have discussed the investment opportunities aspects,influences of tax and labor law on investment climate,"Business practicum" presentation and some other subjects. AtyrauAkimat has signed 9 memorandums on the total sum of 3,3 billion US dollars during the "ATYRAU INVEST - 2017" Forum. Atyrau region is the leader among regions of Kazakhstan in the volume of the involved investments over a period of several years. Following the results of 2016 the investment volume has made more than 2 trillion tenge from which more than 1 trillion tenge are the external investments. At the same time the industrial output has made more than 4,4 trillion tenge which is a record among all regions of the Republic.