ABOUT THE CONFERENCE
The 2nd Central Asian Investment Conference (CAIC 2008) was organised in Almaty on 27-28 March 2008 under the headline «Financing sustainable economic development of Kazakhstan»
The Regional Financial Center of Almaty and NYSE Euronext became the principal conference partners this year. The conference steering committee consisted of the Kazakhstan stock exchange, JSC Almaty Investment Management, JSC Centras Securities and Advantix Ltd.
The CAIC 2008 steering committee expresses its gratitude to the following organisations for their sponsorship support and financial contributions which ensured the success of the conference this year:
- The lead conference sponsor: The Eurasian Natural Resources Corporation (ENRC)
- The gold sponsors: Ernst & Young and Private Equity Group
- The silver sponsors: Herbert Smith CIS, The Bank of New York Mellon and Eurasia Capital Management
- Corporate sponsors: JSC Delta Invest and JSC Centras Securities
CONFERENCE RESOLUTIONS:
Since its inception last year the annual Central Asian Investment Conference (CAIC) has become one of the most prominent international investment events aimed at facilitating growth of the Central Asian capital market and meeting the region’s increasing need for new capital.
In his traditional written statement to CAIC, Mr. Karim Masimov the Prime Minster of Kazakhstan emphasised the importance of the conference in facilitating partnership dialogue between the government and financiers. He also suggested that the conference should seek and provide new solutions for financing country’s real economy sectors under tightening credit conditions. He also challenged the conference with exploring new opportunities for Kazakhstan’s further integration into the mainstream global capital markets. Full PM’s statement is available here:
Full statement[125 Kb]
Over 240 delegates from Kazakhstan, Central Asia, Russia, CIS, Western Europe and the US took part in the conference this year. Over 60 local and international media were provided accreditation totalling the number of CAIC2008 participants to 300 people. Two-day conference program included over 40 panel presentations by senior ministers, institutional investors, financiers, rating agencies and corporations who addressed economic, financial and investment developments in Kazakhstan and Central Asian states.
In general, despite unfavourable conditions on the global capital markets and expected corrections in the Kazakhstan’s real estate and banking sectors, the conference confirmed positive outlook for the country’s economic recovery and investment climate improvements before the end of the year. Delegates and experts agreed that in addition to higher commodity prices and trade surplus the positive changes will in many ways depend on the successful implementation of the PPP infrastructure projects, on utilising alternative forms of business finance and also on country’s economic diversification. Balanced and proactive state regulation of the investment and entrepreneurial activities in the country should further boost Foreign Direct Investment in Kazakhstan and have positive onward impact on the neighbouring Central Asian States. The full conference report and access to the conference materials will be made provided to the CAIC2008 delegates after 18 April here:
Information about purchasing CAIC2008 conference materials is available here:
Order form [175 Kb]
