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KAZAKHSTAN DAILY DIGEST
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From: Elina Karakulova (ekarakulova@sorosny.org)
Date: Tue Jul 22 2003 - 13:38:59 EDT
KAZAKHSTAN SEEKS SINGAPORE'S PARTICIPATION IN INDUSTRIAL DEVELOPMENT
Kazakh Prime Minister Daniyal Akhmetov told Singapore's Minister of Trade and Industry George Yeo during a meeting in Astana on 21 July that Kazakhstan would like Singapore firms to take part in the development of oil-and-gas deposits on the Caspian Shelf, khabar.kz and Interfax-Kazakhstan reported. Speaking to journalists after the talks, Yeo said Akhmetov also asked that Singapore take part in developing the technology parks that are being set up outside Astana and Almaty, and in upgrading Kazakhstan's airports. Yeo said that he brought a large delegation of Singapore's businesspeople to Kazakhstan because the island state is itself interested in expanding its business activities there. He mentioned particular interest in tourism, food processing, and information technologies. According to the reports, there are now six Kazakh-Singapore joint ventures in Kazakhstan, along with five Singapore companies working there. Kazakh interest in East Asia's "little tigers," including Singapore, dates to the earliest years of Kazakhstan's independence, when the development strategies that had produced the then-booming economies of the region were examined as possible models for Kazakhstan's development. BB
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