Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – March 2, 2011

Posted on March 02, 2011 by KazCham

HEADLINES:

Kazakhstan to offer 5% stake in KMG EP in “people’s IPO”
(SRI) – Kazakh citizens will be offered 5% of shares in KazMunaiGas Exploration Production (KMG EP) when the state launches the so-called people’s IPO later this year, President Nursultan Nazarbayev announced on Tuesday.

ENERGY:

EBRD extends energy efficiency investments in Kazakhstan (The FINANCIAL)

BUSINESS AND ECONOMY:

Eurasian Bank to issue $200-300 million bonds (Reuters)

Monthly inflation 1.5% in February (SRI)

Kazakhstan expects $10 billion of industry investments this year (Bloomberg)

Alstom-TMH, Kazakhstan Temir Zholy finalize locomotive supply contract (Dow Jones)

Indicators – March 1, 2011 (Reuters)

POLITICS:

Global Insider: China-Kazakhstan relations (World Politics Review)

Farce gains ground in Kazakhstan’s lackluster election (EurasiaNet)

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