Kazakhstan to use SCO credit for financing of projects of Kazahmys and ENRC Corporations

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Astana. October 15. Kazakhstan Today - Kazakhstan plans to use the credit of the Shanghai Cooperation Organization (SCO) for financing of the projects of Kazahmys and ENRC Corporations. The chairman of the board of Samruk-Kazyna National Welfare Fund, Kayrat Kelimbetov, informed at the press conference on Monday, the agency reports. 
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News / Economy

14:38 15.10.2009
text: "Kazakhstan Today"
views: [5]

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Astana. October 15. Kazakhstan Today - Kazakhstan plans to use the credit of the Shanghai Cooperation Organization (SCO) for financing of the projects of Kazahmys and ENRC Corporations. The chairman of the board of Samruk-Kazyna National Welfare Fund, Kayrat Kelimbetov, informed at the press conference on Monday, the agency reports.

According to K. Kelimbetov, "there is a special demand line of SCO credit of 3 %". "We have been discussing this possibiliy to help our ENRC and Kazahmys Corporations to finance their objects," K. Kelimbetov said.

"It is planned to finance ENRC Corporation's project - construction of the second turn of electrolysis factory in Pavlodar and also Kazahmys Corporation's project of construction of copper industrial complex in the Pavlodar area.

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