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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

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

Posted on 16 October 2009

From Gazeta.kz: Kazakhstan plans to use the credit of the Shanghai Cooperation Organization (SCO) for financing of the projects of Kazahmys and ENRC Corporations, says the chairman of the board of Samruk-Kazyna National Welfare Fund, Kayrat Kelimbetov.

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…………………..Full Article: Source

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