business and economy

Business and Economy Roundup - May 30, 2008

France’s Vicat to build cement plant in Kazakhstan

(Reuters) - French cement maker Vicat and Kazakh group Kazkommerts Invest will build a cement plant in the Central Asian state at an estimated cost of $230 million, Kazkommerts Invest said on Thursday.

PIK extends reach to Kazakhstan

(Property Week) - London and Moscow listed PIK, which has a market capitalization of $14bn (£7bn), announced today it would move its mass-housing development programme into Kazakhstan.

Da Vinci fund first to list on London’s SFM

(Hedge Funds Review) - Da Vinci Capital Management is an independent investment management company focusing on alternative investment, private equity and structured products in Russia, Kazakhstan, Ukraine and Central Asia.

Abu Dhabi to participate in International Investment Forum in Kazakhstan (MENAFN)

240 bl tenge required annually to develop motor-roads in Kazakhstan – Minister (Interfax)

Intel CEO to visit Kazakhstan (Kazinform)

Kazakh Audit Committee, Kuwait State Audit Bureau signed memo of coop (Kazinform)

National Bank of Kazakhstan: Exchange rates May 30, 2008 (Kazinform)

Indicators - May 29, 2008

(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.

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