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Gold/Mining/Energy : Steppe Gold (SPE:V)
SPE 15.20+0.3%Nov 5 4:00 PM EST

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To: Robert Dydo who wrote (896)4/23/1998 10:26:00 AM
From: traacs  Read Replies (2) of 1248
 
Kazakhstan Investment Summit
Scheduled for June 4-5

As the Almaty Herald has previously reported, the Regent Almaty
(formerly the Ankara Hotel and Towers) is hosting another large
event on June 4-5, which is earmarked to boost the country's
investment climate. The "Kazakhstan Investment Summit" is
organized by the International Herald Tribune newspaper and is
supported by the State Investment Committee of the country.

The Investment Summit is expected to become a high level
gathering, chaired by His Excellency President Nazarbayev. Both the
country's top government officials and the elite of the Kazakhstan's
private businesses sector have been invited to take an active part in
the work of the summit. The main purpose of the event is to allow
international investors to enter into discussion with government,
business and financial leaders from Kazakhstan.

The summit will cover the following topics- investment prospects in
Kazakhstan - economic and political stability in a fast changing
country; oil and gas industry- laying the groundwork for future
prosperity; sources of finance for investment in Kazakhstan;
regional cooperation and economic integration in the CIS? The
potential for a market of $55 million; experience of international
investors in Kazakhstan, the State Investment Committee - building
confidence and attracting investment to achieve Kazakhstan's 2030
plan; investing in infrastructure- new links in transportation,
pipelines and communications; indirect investment - capitalizing on
capital markets; in- depth discussion sessions: manufacturing,
agriculture, food processing, infrastructure, oil and gas, small and
medium enterprises, minerals and mining.

The conference expects reports from the Kazakhstan's President
Nursultan Nazarbayev; Bulat Abilov, President of Butya Co. Ltd.,
which is one of the largest local companies; Pavel Beklemishev,
President of Byelkamyt, oil and gas transportation and storage
equipment; Aben Bektasov, Chairman of the National Securities
Commission; Jan Chan, Adviser to the Chairman of Dostar Capital
Markets, South Korea; Kadyrzhan Damitov, Governor of the National
Bank; Marc Faber, Managing Director of Marc Faber Limited, Hong
Kong; Ronald Freeman, Co-chairman of Global Investment Banking,
Salomon Smith Barney; Oraz Jandosov, the First Deputy Prime
Minister and the Chairman of the State Investment Committee and
formerly the Chairman of the National Bank; Robert Kaplan, Honorary
Consul of Kazakhstan for Canada; John Komarnicki, President and
the Chief Executive Officer of Hurricane Hydrocarbons Ltd., Canada,
which is one of the most successful oil exploration companies in
Kazakhstan; Sergei Kulagin, the Minister of Agriculture; Mehmet
Kutman, Chairman and Chief Executive Officer of Global Securities,
Turkey; Steven Lewarne, Director of Oil and Gas Practice, Barents
Group CIS; Grigori Marchenko, former Chairman of the Kazakhstan's
National Securities Committee; Sauat Mynbaev, Minister of Finance;
Michael Waxman-lenz, Vice-President of Kazakh Post Privatization
Fund; Daniel Yergin, president of Cambridge Energy Research
Associates (CERA); Asygat Zhabagin, former Minister of Energy,
Industry and Trade. The list of the reporters is subject to
confirmation. The above speakers will be joined by industrialists and
business leaders from Kazakhstan and worldwide. This is the second
Investment Summit held in the country.

The first was held last summer and organized by the Stanford
Research Institute, USA. Fifty- eight different company's executives,
80 executives and two International Organizations took party in the
last years summit
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